USE AND OCCUPANCY INSURANCE – U&O
Use and Occupancy Insurance is a kind of insurance coverage that takes care of losses in the property or machinery usage caused by damages from hazards and risks. These hazards are those that are not man-made like fires, typhoons, and other natural disasters. The use and occupancy insurance have specified coverage if the machinery or property is deemed useless through endorsements to property or casualty insurance policies.
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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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04:00 | Expected Annual Inflation 2y from now | 4 quarter | |
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01:30 | Westpac Consumer Sentiment | Nov | |
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