Net Premiums Written To Policyholder Surplus
Net premiums written to policyholder surplus are an accounting measure that calculates the difference between the premiums collected by an insurance company and the claims paid to policyholders. It is used to measure the company’s ability to generate surplus funds. The formula for net premiums written to policyholder surplus is as follows: Net premiums written […]
Lokayukta
The word “lokayukta” is not present in the English language. It is a word in Sanskrit. Lokayukta in Sanskrit: Lokayukta means “fit for the people” or “conducive to well-being” in Sanskrit. It is often used to describe actions or policies that are beneficial to the common people. Equivalent English words: Beneficial Helpful Promising Incline Favorable […]
Voluntary Retirement Scheme
Voluntary Retirement Scheme (VRS) A voluntary retirement scheme (VRS) is a retirement savings plan that allows employees to contribute their own funds on a voluntary basis. Unlike mandatory retirement savings plans, such as Social Security in the United States, VRSs are not required by law. Key Features of VRS: Voluntary contributions: Employees choose whether or […]
Regression
Regression is a type of supervised learning algorithm that models the relationship between input variables (features) and their corresponding outputs. It is a linear modeling technique that estimates the values of a continuous variable based on the values of other variables. Types of Regression: Ordinary Least Squares (OLS): The most common type of regression, where […]
Idv, Insured Declared Value
The IDV insured declared value is a key concept in the insurance industry, specifically for motor vehicles. It refers to the declared value of the insured vehicle at the time of insurance purchase. Here’s a breakdown of the terms: IDV (Insured Declared Value): This is the value you declare for your vehicle when you initially […]
Cash Ratio
The cash ratio is a liquidity ratio that measures the company’s ability to generate cash from its current assets to cover its current liabilities. It is calculated by taking the ratio of cash and cash equivalents to current liabilities. The cash ratio is an important measure of liquidity because it measures the company’s ability to […]
Convertible Debenture
Convertible Debenture A convertible debenture is a type of debt security that can be converted into common stock at a specified price, known as the conversion ratio. It is a hybrid security that has characteristics of both debt and equity securities. Key Features of Convertible Debentures: Debt: Convertible debentures are technically debt securities, so they […]
Market Arbitrage
Market Arbitrage Market arbitrage is a trading strategy that involves exploiting price discrepancies across different markets for the same asset. This is a strategy that takes advantage of differences in asset prices between various marketplaces. How Market Arbitrage Works: Identify price discrepancies: Arbitrageurs scan different markets for assets with significant price discrepancies. Buy low, sell […]
Ideation
Definition: Ideation is the process of generating and exploring a wide range of creative ideas. It is a brainstorming session where individuals or teams generate innovative solutions to problems or challenges. Key Elements: Brainstorming: A free flow of ideas without judgment or criticism. Divergence: Exploring many different paths and perspectives. Synthesis: Combining and connecting ideas […]
Repo,Repurchase Agreement
Repo Repurchase Agreement A repo repurchase agreement is a secured loan in which a bank lends money to another bank by pledging Treasury securities as collateral. It is a repurchase agreement (repo) for a specific security, typically Treasury bills. Explanation: Borrower: A bank that borrows money from another bank. Lender: A bank that lends money […]
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