Tag: date
Calendar Year
DefinitionGenerally speaking, a calendar year begins on the New Year's Day of the given calendar system and ends on the day before the following...
Cancelable Insurance
What is 'Cancelable Insurance' This is insurance that may be canceled, at any time, by the insured party or by the insurance...
Call Premium
What is 'Call Premium' Call premium is the dollar amount over the par value of a callable fixed-income debt security that is...
Calendar Year Experience
What is 'Calendar Year Experience' The underwriting result based on earned premiums and booked incurred losses for the same calendar-year accounting period....
Callable Bond
DefinitionA callable bond is a type of bond that allows the issuer of the bond to retain the privilege of redeeming the bond at...
Callable Security
What is 'Callable Security' A security with an embedded call provision that allows the issuer to repurchase or redeem the security by...
Called Away
What is 'Called Away' A term used to describe the elimination of a contract due to the obligation of delivery. This occurs...
Callable Preferred Stock
What is a 'Callable Preferred Stock' A callable preferred stock is a type of preferred stock in which the issuer has the...
Call Warrant
What is a 'Call Warrant' A call warrant is a financial instrument that gives the holder the right to buy the underlying...
Past Due Balance Method
What is 'Past Due Balance Method' A system for calculating interest charges based on any outstanding loan or credit charges that remain...