Definition – Page 4 – itho's internet resources

Asia-Pacific Economic Cooperation (APEC) Definition

By Itho April 28, 2015

[ad_1] What Is the Asia-Pacific Economic Cooperation (APEC)? The Asia-Pacific Economic Cooperation (APEC) is an economic group of 21 members, formed in 1989, with the primary goal of promoting free…

Understanding Excess of Loss Reinsurance: Definition, Features, and Benefits

By Itho March 21, 2015

[ad_1] What Is Excess of Loss Reinsurance? Excess of loss reinsurance is a type of non-proportional reinsurance in which the reinsurer indemnifies–or compensates–the ceding company for losses that exceed a…

Anchoring and Adjustment Definition in Business & Finance

By Itho February 27, 2015

[ad_1] What Is Anchoring and Adjustment? Anchoring and adjustment is a phenomenon wherein an individual bases their initial ideas and responses on one point of information and makes changes driven…

Delinquent Account Credit Card: Definition, Example, Impact

By Itho January 21, 2015

[ad_1] What Is a Delinquent Account Credit Card? From the perspective of a credit card company, a particular credit card is said to be delinquent if the customer in question…

What Is AG (Aktiengesellschaft)? Definition, Meaning, and Example

American Express Card (AmEx Card): Definition, Types, and Fees

By Itho December 27, 2014

[ad_1] What Is an American Express Card? An American Express card, also known as an “Amex” card, is an electronic payment card branded by the publicly traded financial services company…

Allocated Loss Adjustment Expenses (ALAE) Definition, Examples

By Itho December 15, 2014

[ad_1] What Are Allocated Loss Adjustment Expenses (ALAE)? Allocated loss adjustment expenses (ALAE) are costs attributed to the processing of a specific insurance claim. ALAE is part of an insurer’s expense reserves.…