A notice issued in order to provide the exact date on which a premium will become payable.

A technique in which two or more products are sold in one piece, as a bundle. Generally, a premium offer is used to increase sales of a product.

More dividends are paid out to shareholders as their value of stock increases.

The excess amount paid on the shares that are outstanding of the common stock , held by a company.

The excess amount paid on the shares that are outstanding of the preferred stock , held by a company.

The equity given to a convertible bond . It is reached by comparing the market value of a straight bond that has embedded options. AKA premium.

A technique in which brands try to sell their products at a higher price compared to the general market, in order to create a brand image .

When a company quickly buys a block of stock offering a premium to shareholder . Refer to dawn raid or saturday night special .

The total cost of a certain insurance.

A receipt given out to a policy holder, by the insurer or an agent on behalf of the insurer, which provides confirmation that payment has been received.

A clause included in certain policies, which grants the beneficiary a refund on the face amount of their policy, including all of the premiums that they have paid so far.

A swap where the receiver getting a fixed interest rates offers a payment to get increased fixed interest rates. Refer to discount swap .

A tax paid by the insurer to the state based on the premiums charged. They are included in expense loading practices.

The amount an insurer underwrites based on its premiums collected on active policies.

See PB.EMUNIBE.

In Spanish law. Pledge. White, New Recop. b. 2, tit. 7.

L. Fr. In old English law . A taking of husband; marriage. An exception or plea which might be used to disable a woman from pursuing an appeal of murder […]

L. Fr. To take. The power or right of taking a thing without waiting for it to be offered. See A PKENDEB.

A legally binding agreement between a couple, stating how the assets would be divided if the marriage fails to last.

Bankruptcy where the debtor agrees to terms reducing the time it takes to handle the business at hand. AKA prepack.

a term that is used to signify that a thing has been paid in advance.

The advertising expenses that is paid by a company before the task is executed.

A valued instrument such as the monthly rent for a company building, that has not yet been paid. It is usually recorded as an expense.

The fees charged by a company that is a part of a recognized organization . An example of such fees would be the rental fees charged by a rental company […]

A reloadable credit card with a predetermined amount that has been paid for by the user. A parent would issue such a card to their children to keep a track […]