Insurance – Page 11 – itho's internet resources

Electronic Bill Payment & Presentment (EBPP): Definition, Types

By Itho October 28, 2008

[ad_1] What Is Electronic Bill Payment and Presentment? Electronic bill payment and presentment (EBPP) is a process that companies use to collect payments electronically through systems like the Internet, direct-dial…

What Is a Disbursement?

By Itho October 24, 2008

[ad_1] What Is a Disbursement? A disbursement is a payment to an individual or entity from a private or public fund. It may also be a payment made on behalf…

Actuarial Science: What Is Actuarial Science? Definition and Examples of Application

By Itho October 18, 2008

[ad_1] What Is Actuarial Science? Actuarial science is a discipline that assesses financial risks in the insurance and finance fields, using mathematical and statistical methods. Actuarial science applies the mathematics of probability…

Account Statement: Definition, Uses, and Examples

By Itho October 11, 2008

[ad_1] What Is an Account Statement? An account statement is a periodic summary of account activity with a beginning date and an ending date. The most commonly known are checking…

Accrued Revenue: Definition, Examples, and How To Record It

Electronic Payments Network (EPN): What it is, How it Works

By Itho October 6, 2008

[ad_1] What Is the Electronic Payments Network (EPN)? The term Electronic Payments Network (EPN) refers to a financial clearinghouse that handles a variety of electronic funds transfers for the private…

Brokerage Firm: Types, Revenue, and How They Work

By Itho September 26, 2008

[ad_1] What Is a Brokerage Firm? A brokerage firm is a financial intermediary. Brokers connect buyers and sellers to complete a transaction for stock shares, bonds, options, and other…