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premium expenses

См. также в других словарях:

  • preliminary expenses — Expenses incurred in the setting up of a company, for example the cost of issuing shares. These expenses may be written off to the share premium account …   Accounting dictionary

  • share premium — Under the Companies Act 1985, if the amount paid to the company on subscription for the issue of shares is greater than their nominal value, the surplus is called share premium. The aggregate of the share premium is transferred in the company s… …   Law dictionary

  • Adjusted Premium — An adjusted premium is the premium of a life insurance policy that is adjusted by amortizing the costs associated with acquiring the insurance policy. The adjusted premium is equal to the net level premium plus an adjustment, to reflect the cost… …   Investment dictionary

  • share premium accounts — Under the Companies Act 1985, if the amount paid to the company on subscription for the issue of shares is greater than their nominal value, the surplus is called share premium. The aggregate of the share premium is transferred in the company s… …   Law dictionary

  • Level-Premium Insurance — A type of term life insurance for which the premiums remain the same throughout the duration of the contract. The premium paid on this type of policy will be higher at the beginning of its life but lower towards the end of its life as compared to …   Investment dictionary

  • share premium account — The account to which the premium must be credited for shares issued at a premium. The balance on the share premium account may be used for specified purposes: • the issue of bonus shares; • the writing off of preliminary expenses; • the writing… …   Accounting dictionary

  • share premium account — The account to which any share premium must be credited. The balance on the share premium account may be used for specified purposes: • the issue of bonus shares; • the writing off of preliminary expenses; • the writing off of underwriting… …   Big dictionary of business and management

  • net premium — n: an insurance premium consisting of the amount required to pay the insurance liability on its becoming due without paying any expenses or contingent charges Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • gross premium — Net (insurance) premium plus loading for expenses and contingencies; i.e., the net premium represents the cost of insurance. Fox v. Mutual Ben. Life Ins. Co., C.C.A.Mo., 107 F.2d 715, 719 …   Black's law dictionary

  • net premium — In life insurance, this term is used to designate that portion of the premium which is intended to meet the cost of the insurance, both current and future. Its amount is calculated upon the basis of the mortality tables and upon the assumption… …   Black's law dictionary

  • gross premium — Net (insurance) premium plus loading for expenses and contingencies; i.e., the net premium represents the cost of insurance. Fox v. Mutual Ben. Life Ins. Co., C.C.A.Mo., 107 F.2d 715, 719 …   Black's law dictionary

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