ADVANCE PREMIUM MUTUAL
A mutual insurance company which conducts its operations as an advance premier insurer instead of an assessment insurer. The advance premium mutual insurers analyzes the premiums beforehand and they will not be subject to change for some period of time. The policyholders assessment, done assessment insurer, are according to their premiums based on the company's actual experience.
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Robert C. Merton
American economist who won the 1997 Nobel Memorial prize in Economic Sciences, along with Myron Scholes, for developing the Black-Sholes model, whi ...
Buy Stops Above
Recommendation to purchase a given security once a security’s price surpasses a particular resistance level by putting a buy stop order at th ...
Admitted Company
An insurance company admitted and allowed by an another state to transact insurance business despite having a domiciled status on an another state. ...
Black Box Model
Computer program, process, or system processing the information entered by the user using pre-programmed logic in order to produce the user’s ...
Form 3903
A form issued by the IRS and used by taxpayers to deduct moving expenses related to taking a new job.
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For assessing how a company performed in a given period, the relation between income and cash flow statements should be taken into account. Several ...
A Guide to Income Tax: Overlooked Credits and Cuts
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