Meaning POLICY LIMIT: The maximum dollar amount of coverage provided by an insurance company for a certain policy
More terms such as Policy limit in Dictionary P.
- Definition Portfolio Beta:
- Examples of general equities. The beta of a portfolio is the weighted sum of the individual asset betas, According to the proportions of the investments in the portfolio. E.g., if 50% of the money is in policy limit definition.
- Definition Purpose Loan:
- Examples A loan that is backed by securities and that is used to buy other securities under certain government regulations policy limit explain.
- Definition Perpendicular Spread:
- Examples Option strategy involving the purchase of options with similar expiration dates and different exercise prices policy limit what is.
- Definition Principal:
- Examples 1) The total amount of money being borrowed or lent. (2) The party affected by agent decisions in a principal-agent relationship policy limit meaning.
- Definition Publicly Traded Assets:
- Examples Assets that can be traded in a public market, such as the stock market policy limit abbreviation.