loss reserve

См. также в других словарях:

• loss reserve — see reserve Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. loss reserve …   Law dictionary

• loss reserve — noun : an insurance company s reserve representing the discounted value of future payments to be made on losses which have already occurred …   Useful english dictionary

• reserve — re·serve 1 vt re·served, re·serv·ing: to keep back or set apart: as a: to keep (a right, power, or interest) esp. by express declaration all rights reserved compare waive b: to defer a determination of (a question of law) …   Law dictionary

• loss — is a generic and relative term. It signifies the act of losing or the thing lost; it is not a word of limited, hard and fast meaning and has been held synonymous with, or equivalent to, damage , damages , deprivation , detriment , injury , and… …   Black's law dictionary

• loss — is a generic and relative term. It signifies the act of losing or the thing lost; it is not a word of limited, hard and fast meaning and has been held synonymous with, or equivalent to, damage , damages , deprivation , detriment , injury , and… …   Black's law dictionary

• Loss reserving — or Claims reserving refers to the calculation of the required reserve for a tranche of general insurance business. Typically, the claims reserves represent the money which should be held by the insurer so as to be able to meet all future claims… …   Wikipedia

• reserve — Verb: To appropriate to a particular purpose. To exclude. To set aside. To set apart from that which has been granted. To make a reservation. Meigs v M Clung s Lessee (US) 9 Cranch 11, 17, 3 L Ed 639, 641. Noun: An organization of the Armed… …   Ballentine's law dictionary

• loss claims reserve — See loss and loss expense reserve; reserve …   Ballentine's law dictionary

• reserve for loss claims — See loss and loss expense reserve; reserve …   Ballentine's law dictionary

• loss and loss expense reserve — Terminology of insurers; the estimated amount payable for losses reported but not yet settled, plus a reserve for losses incurred but not yet recorded, including the estimated expenses of adjustment …   Ballentine's law dictionary

• reserve accounting — The transfer of items directly to reserves, rather than through the profit and loss account. In certain instances this may be permitted, for example in making prior period adjustments …   Accounting dictionary