Tag: insurance

Ramani Ayer

DefinitionRamani Ayer is an Indian-American business executive, and the CEO and chairman of The Hartford from 1997 to 2009. Ramani Ayer What is...

Savings Association Insurance Fund (SAIF)

What is 'Savings Association Insurance Fund - SAIF' A government insurance fund for savings and loans and thrift institutions in the United...

Savings And Loan Crisis (S&L)

What is the 'Savings And Loan Crisis - S&L' The Savings and Loan (S&L) Crisis began under the volatile interest rate climate...

Salomon Brothers

DefinitionSalomon Brothers was an investment bank founded in 1910 by three Jewish-American brothers along with a clerk named Ben Levy, it remained a partnership...

Safe Harbor

What is 'Safe Harbor' Safe harbor refers to a legal provision to reduce or eliminate liability in certain situations as long as...
macroeconomic factor

Macroeconomic Factor

What is a Macroeconomic Factor A macroeconomic factor is a broad concept used in economics to describe anything that could affect the economy as a...

Backpricing

What is 'Backpricing' A pricing method used in specific futures contracts whereby the price of the commodity to be delivered is priced...

Bailor

DefinitionBailment describes a legal relationship in common law where physical possession of personal property, or a chattel, is transferred from one person to another...
bail bond

Bail Bond

What is bail bond and why do people need it Bail bonds are a type of surety bond that is posted on behalf of a...

Cancellation Provision Clause

What is 'Cancellation Provision Clause' It is a provision in an insurance policy that permits an insurer or an insurance company to...