Underwrite - Law Dictionary Search Results
sub-prime loan
typically from 580 to 619. An industry term to used to describe loans with less stringent lending and underwriting terms and conditions. Due to the higher risk, sub-prime loans charge higher interest rates and fees. Source: U.S.
mass
considered as a whole adj : participated in by or affecting a large number of individuals [ insurance underwriting] [ tort litigation]
coinsurance
coinsurance 1 : joint assumption of risk (as by two underwriters) with another 2 : insurance (as fire insurance) in which the insured is obligated to maintain coverage on
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York-Antwerp Rules
York-Antwerp Rules. Optional rules of practice on the subject of general average for the assistance of shipowners, merchants, underwriters and average-adjusters for insertion in bills of lading, charter-parties and policies of insurance. The rules were adopted as
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