- pro-rata premium
- prime au prorata (JD, 2e)
English-French insurance dictionary. 2013.
pro-rata premium
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Pro rata — is an adverb or adjective, meaning in proportion . [ [http://encyclopedia.farlex.com/pro+rata Farlex s The Free Dictionary] ] The term is used in many legal and economic contexts, and sometimes spelled pro rata .Meanings of Pro rataMore… … Wikipedia
premium earned — An accounting term in the insurance business, meaning the pro rata portion of a premium, in force during the accounting period, applicable to the expired period of the policy. That part of the premium paid by a borrowing member of a building and… … Ballentine's law dictionary
Amortizable Bond Premium — A tax term referring to the excess premium paid over and above the face value of a bond. Depending on the type of bond, the premium can be tax deductible and amortized over the life of the bond on a pro rata basis. A bond premium occurs when the… … Investment dictionary
earned premium — noun : the pro rata share of a total insurance premium for the expired portion of a policy term … Useful english dictionary
interim receipt — A receipt for money paid by way of premium for a contract of insurance for which application is made. If the risk is rejected, the money is refunded, less the pro rata premium … Black's law dictionary
interim receipt — A receipt for money paid by way of premium for a contract of insurance for which application is made. If the risk is rejected, the money is refunded, less the pro rata premium … Black's law dictionary
insurance — /in shoor euhns, sherr /, n. 1. the act, system, or business of insuring property, life, one s person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a… … Universalium
Collateralized mortgage obligation — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond … Wikipedia
stock — The goods and wares of a merchant or tradesman, kept for sale and traffic. In a larger sense, the capital of a merchant or other person, including his merchandise, money, and credits, or, in other words, the entire property employed in business.… … Black's law dictionary
insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… … Black's law dictionary
insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… … Black's law dictionary
