Meaning CONVENTION STATEMENT: An annual statement filed by a life insurance company in each state where it does business in compliance with that state's regulations. The statement and supporting documents show, among other things, the assets, liabilities, and surplus of the reporting company
More terms such as Convention statement in Dictionary C.
- Definition Cost Of Goods Sold:
- Examples The total cost of buying raw materials, and paying for all the factors that go into producing finished goods convention statement definition.
- Definition Covariance:
- Examples measure of the degree to which random variables move together. A positive covariance implies that one variable is above (below) its mean value when the other variable is above (below) its mean value convention statement explain.
- Definition Corporate Taxable Equivalent:
- Examples Rate of return required on a par bond to produce the same after-tax yield to maturity that the quoted premium or discount bond would generate convention statement what is.
- Definition Convertible Eurobond:
- Examples A eurobond that can be converted into another asset, often through exercise of attached warrants convention statement meaning.
- Definition Common Stock Ratios:
- Examples Ratios that are designed to measure the relative claims of stockholders to earnings (cash flow per share), and equity (book value per share) of a firm convention statement abbreviation.
