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Premium Financial Glossary

What is it? An amount paid on a regular schedule by a policyholder that maintains insurance coverage.

Finance Term Definition Added By: Kylie

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Other Similar Finance Terms:

Financial Term Private Company is A company whose shares are not traded on the open market. Opposite of public company.

Financial Term Concertation is Euro English i.e. French - the process by which representatives of various projects in a similar technical area meet together to discuss results and common problems.

Financial Term LTV is (see Loan-to-Value Ratio)

Financial Term PAYE is Pay-As-You-Earn - where your employer takes income tax off your salary or wages before you get it, and pays it direct to the Inland Revenue on your behalf.

Financial Term Change is This shows the change in price of a security from the previous days closing price. For instance, -1 means the security has fallen $1.00.