premium noun pre·mi·um ˈprē-mē-əm 1 : the difference between the face value or par value of a security and its market price when the latter is greater compare discount 2 : the price paid for an insurance contract equal to the cost per unit times the number of uni...
From Longman Dictionary of Contemporary English Related topics:Insurance,Business basics,Gas, coal, oil,Motor vehiclespre‧mi‧um1/ˈpriːmiəm/●○○noun1[countable]thecostofinsurance, especially theamountthat you pay each yearinsurance premiums2[countable]anadditionalamount of money,aboveasta...
insurance.→life insurance2[uncountable]the business ofprovidinginsuranceMy brother works in insurance.insurance company/group etcthe insurance industry3[uncountable]British Englishthe money that you pay regularly to an insurance companySYNinsurance premiuminsurance onHow much is the insurance on your car?
On Tuesday, the San Francisco Bay Area company announced a new subsidiary named Coefficient Insurance that will also be backed by Swiss Re Corporate Solutions, the commercial insurance unit of Swiss Re Group. From Fortune “For every dollar that we don’t collect from rent, that’s one fewer...
means risk insurance Answer: B (s) 1. the use of trade terms in international trade is to determine: A. delivery terms B. means of payment C. price structure D. dispute settlement E. usage routines Answer: AC International practice of trade terms Two. International practice of trade terms...
For example, high coinsurance and high maximum out-of-pocket usually means a lower monthly premium and vice versa. Deductible Since, in a health insurance plan, the insurance provider does not pay for the entirety of your yearly medical costs, you have to pay a certain portion of these costs...
CIF is a price term, meaning the price includes the cost of goods, the insurance and ___ for carrying the goods up to the destination. A. 厂运理局拉展住对细备别记百据产厂运理局拉展住对细备别记百据产payment厂运理局拉展住对细备别记百据产厂运理局拉展住对细备别记百据产 B. 展...
and at what premium. Underwriting insurance for a customer with a poor credit profile and several dogs is riskier than insuring someone with a perfect credit profile and no pets. The policy for the first applicant will command a higher premium because of the higher risk being transferred from ...
The word "premium" is alternatively used in finance to describe the price paid for protection from a loss, hazard, or harm (e.g. as insurance or an options contract). At a Premium and Stock Comparisons "At a premium" is also used when comparing two stocks that are judged to be similar...
Which of the following has the closest meaning to "the pool of contributions" (Para. 1) A.the amount of each premiumB.the cost of administering insuranceC.money paid by the insurersD.money paid by the insured 答案 D词汇题。从第一段可知,要想保险,先得投保。被保险人投的钱由保险公司管理。