ALLIANCE OF AMERICAN INSURERS - AAI
The Alliance of American Insurers is a coalition which consists primarily of carriers of property-casualty insurance. The Alliance of American Insurers was assembled for the purpose of providing political clout for the industry of property-casualty insurance. It pursues different activities directed toward the promotion of its objectives to both the public and the politicians.
POPULAR TERMS
Target Return
Pricing model used in valuing a business based on what an investor expects from any capital invested in the firm. It is computed by adding the amou ...
Remainder Man
An individual who receives the remaining principal in a trust account after all required payments have been made, such as those to the beneficiary ...
Average Collected Balance
The total average of the collected funds in a bank account in a month. The balance is calculated by adding the collected balance and dividing it by ...
Bankable Funds
Forms of payment that are accepted at financial institutions. Retailers and other organizations that directly accept payments from customers typica ...
Prudent-Person Rule
A legal maxim that restricts the discretion in a client's account to investments that a prudent person seeking reasonable income and preservati ...
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