AGGREGATE LIMIT
A contract provision for the insurance that confines the amount that will be paid within the policy period. This term is the optimal amount of dollar that your insurer will compensate to you in order to settle your claims. The limit is often referred as annual aggregate limit, which is really just the whole amount your insurer will give to you for a single year.
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Troubled Asset
Assets that are overpaid by banks including loans made to borrowers who can no longer fulfill their debt obligations. Often guaranteed by collatera ...
Assignable Contract
A futures contract that has a provision which allows the contract holder to bear his/her rights of assignment into a third party. This permits the ...
Warm Card
Warm Card is a type of ATM card through which an individual can have restricted access to a business account. Usually, this card only allows deposi ...
Shanghai Stock Exchange
The Shanghai Stock Exchange is the stock exchange of mainland China. It is by far, the largest stock exchange managed by the China Securities Regul ...
Clearing Fee
Fee a clearing house charges for its services. Often associated with futures trading, it include both brokerage fee and clearing fee.
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