insurance rate
111Wholesale Life Insurance — A type of employer sponsored protection against the loss of income in the event the insured becomes deceased. Wholesale life insurance is a variation on group life insurance that is offered by employers. It differs from group life insurance in… …
112Fixed rate mortgage — A fixed rate mortgage (FRM) is a mortgage loan where the interest rate on the note remains the same through the term of the loan, as opposed to loans where the interest rate may adjust or float. Other forms of mortgage loan include interest only… …
113Failure rate — is the frequency with which an engineered system or component fails, expressed for example in failures per hour. It is often denoted by the Greek letter λ (lambda) and is important in reliability engineering. The failure rate of a system usually… …
114National Insurance Act 1911 — Parliament of the United Kingdom Long title ... Statute book chapter 1911 c …
115Korea Deposit Insurance Corporation — The Korea Deposit Insurance Corporation (KDIC) is a deposit insurance corporation, established in 1996 in South Korea to protect depositors and maintain the stability of the financial system. The major functions of KDIC can be classified into… …
116Mortgage Insurance — An insurance policy that protects a mortgage lender or title holder in the event that the borrower defaults on payments, dies, or is otherwise unable to meet the contractual obligations of the mortgage. Mortgage insurance can refer to private… …
117average rate — ➔ rate1 * * * average rate UK US noun [S] INSURANCE, PROPERTY ► the average of several amounts charged for different types of property insurance …
118short-period rate — ➔ rate1 * * * short period rate UK US noun [C] INSURANCE ► the amount that you pay for an insurance contract that is for less than a year …
119group insurance — noun insurance that is purchased by a group (such as the employees of a company) usually at a reduced rate to individual members of the group • Hypernyms: ↑insurance * * * noun : insurance issued upon a group of persons under a single or blanket… …
120Inverse floating rate note — An inverse floating rate note, or simply an inverse floater, is a type of bond or other type of debt instrument used in finance whose coupon rate has an inverse relationship to short term interest rates (or its reference rate). With an inverse… …
