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21 Results for Tag: provision

Hard Call Protection

Hard Call Protection What is 'Hard Call Protection' The period in the life of a callable bond during which the issuing company is not permitted to redeem the bond. Hard call bonds have thi

Make Whole Call (Provision)

Make Whole Call (Provision) What is a 'Make Whole Call (Provision)' A make whole call provision is a type of call provision on a bond allowing the issuer to pay off remaining debt early. T

Abandonment Clause

Abandonment Clause What is 'Abandonment Clause' A clause in a property insurance contract that, under certain circumstances, permits the property owner to abandon lost or damaged property

Safe Harbor

Safe Harbor What is 'Safe Harbor' Safe harbor refers to a legal provision to reduce or eliminate liability in certain situations as long as certain conditions are met. Safe harbor also ref

Cancellation Provision Clause

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 cancel a property and casu

Call Provision

Call Provision What is a 'Call Provision' A call provision is a provision on a bond or other fixed-income instrument that allows the original issuer to repurchase and retire the bonds. If

Callable Security

Callable Security What is 'Callable Security' A security with an embedded call provision that allows the issuer to repurchase or redeem the security by a specified date. Since the holder o

Vanishing Premium Policy

Vanishing Premium Policy What is 'Vanishing Premium Policy' A vanishing premium policy is a form of participating whole life insurance where the policyholder can use the dividends from 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 insurance company will not require the policyholder to pay a fee

Waiver Of Coinsurance Clause

Waiver Of Coinsurance Clause What is 'Waiver Of Coinsurance Clause ' Language in an insurance policy that says the insurance company will not require application of the part of the policy
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