AGGREGATE STOP-LOSS INSURANCE
A policy created to put boundaries on the claim coverage (losses) to a particular amount. It is ensured in this kind of coverage that catastrophic claims (specific stop-loss) or numerous claims (aggregate stop-loss) will not upset the monetary reserves of a self-funded plan. The aggregate stop-loss guards an employer from a higher-than-expected claim. If the sum of the claims surpasses the aggregate limit, the employer will be repaid by the stop-loss insurance.
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Transportation Bond
Fixed-income obligations used in financing public transportation systems including bridges, cargo ports, highways, and public transit. It may also ...
Stipend
Predetermined amount of money given regularly to help an individual offset his expenses. These are frequently provided to those who are ineligible ...
RICS House Price Balance
An indicator of the expected monthly change in house prices in the United Kingdom, published by the Royal Institution of Chartered Surveyors (RICS) ...
Combination Loan
Transaction comprised of two separate loans with the same borrower by the same lender. The initial loan is us ...
Beneficial Owner
He or she receives the benefits of an ownership even if the title is in another name.
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15:30 | Foreign Securities Purchases | Sep | |
17:00 | NAHB Housing Market Index | Nov | |
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02:30 | Monetary Policy Meeting Minutes | ||
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