Tag: loss
Profit and Loss Statement
DefinitionAn income statement or profit and loss account is one of the financial statements of a company and shows the company's revenues and expenses...
Quarterly Income Debt Securities (QUIDS)
What is 'Quarterly Income Debt Securities - QUIDS' A debt instrument offering guaranteed quarterly payments directly to the shareholder by the parent...
Valued Policy Law (VPL)
Valued Policy Law (VPL) What is 'Valued Policy Law - VPL' A statute that requires insurance companies to pay the full value...
Value At Risk (VaR)
What is 'Value At Risk - VaR' Value at risk (VaR) is a statistical technique used to measure and quantify the level...
Vandalism And Malicious Mischief Insurance
What is 'Vandalism And Malicious Mischief Insurance' A type of insurance coverage that protects against losses sustained as a result of vandals....
Valued Marine Policy
What is 'Valued Marine Policy' A type of insurance coverage that places a specific value on the insured property, such as the...
Waiver Of Restoration Premium
Waiver Of Restoration Premium What is 'Waiver Of Restoration Premium ' A clause in an insurance policy that says that the...
Waiver Of Coinsurance Clause
Waiver Of Coinsurance Clause What is 'Waiver Of Coinsurance Clause ' Language in an insurance policy that says the insurance company...
Wash Trading
What is Wash Trading
Wash trading is the illegal practice of buying and selling assets in order to artificially inflate the price. This is often...
Water Damage Clause
What is 'Water Damage Clause' A clause in a property-casualty insurance contract. A water damage clause states that the insured is covered...