Learn how aggregate stop-loss reinsurance works, its importance for insurers, and potential drawbacks. Discover how it caps losses to protect insurers from excessive claims.
When you obtain a new mortgage or refinance an existing one, the lender may require you to open an escrow account, which is an account he uses to make your property tax and home insurance payments.
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
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Aggregate supply is the total value of goods or services in a market, sector or economy. Aggregate supply is used to show the amount of goods that can be produced at different price levels in a given ...
A calculation that is made on several records or cells of data. SUM, AVG, MAX, MIN and COUNT are examples of aggregate functions that are used in spreadsheets and database programs. THIS DEFINITION IS ...