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Guaranteed replacement cost coverage insurance
Guaranteed replacement cost coverage insuranceA policy that covers the full cost of replacing damaged property without any allowances or deductions. RELATED TERMS-------------------------------------- Policy Contract by which the insurer agrees to pay the insured a certain sum of money if or when certain stated events happen; plans determining a government or firm's actions. Full Handle. Cost The opposite of revenue. An expense that reflects the price of purchasing goods, services and financial instruments. A cash cost means that cash is given up today to the purchase. Also, the purchase price of an investment, which is compared to the sale proceeds to determine capital gain or loss. Property A legally owned possession or real estate. Without Indicates a one-way market if 70 were bid in the market and there was no offer, the quote would be "70 bid without.". SIMILAR TERMS-------------------------------------- Guarantee The assumption of responsibility for payment of a debt or performance of some obligation if the liable party fails to perform to expectations. Guarantee fee A sum paid by the importer to the guarantor, usually as a percentage per annum of the face value of the bills or notes being guaranteed. Guarantee funds Guaranteed funds are issued by the leading UK institutions (all S&P rated) via their offshore arms and are available only to offshore investors, providing a contractual guarantee of principal plus a lock-on of income earned, and have yielded solid double digit returns consistently. Guarantee letter A commercial bank's letter assuring payment of the exercise price of a client's put option. Guaranteed bond A type of bond in which the interest and principal on the bond are guaranteed to be paid by a firm other than the issuer of the bond. Guaranteed insurability A life and health insurance policy feature that enables the insured to add coverage at future times and at fixed and agreed-upon rates regardless of health conditions. Guaranteed insurance contract A contract promising a stated nominal interest rate over some specific time period, usually several years. Guaranteed investment contract (GIC) Insurance contracts that guarantee the owner principal repayment and a fixed or floating interest rate for a predetermined period of time. Guaranteed mortgage certificates (GMC) First issued by Freddie Mac in 1975, G.M.C.s, like PCs, represent undivided interest in specified conventional whole loans and participations previously purchased by Freddie Mac. Guaranteed renewable policy insurance A type of insurance policy that requires the insurer to renew the policy to an individual regardless of health changes. Guaranteeing- Avalising Bank The person, bank, or financial entity who gives the guarantee for the importer. Guarantor A person who guarantees to pay for someone else's debt if he or she should default on a loan obligation. Guarantor program Under the Freddie Mac program, the aggregation by a single issuer (usually an S&L) for the purpose of forming a qualifying pool to be issued as PCs under the Freddie Mac guarantee. Guaranty Bank A United States bank with head office in Milwaukee, WI.|WI||| Guardian An individual or trust institution appointed by a court to care for a minor or an incompetent person and his or her property. Guardian Capital Group Guardian Capital Group is one of Canada's largest companies. GUARDIAN Credit Union GUARDIAN is a credit union with head office in PORTSMOUTH, VA GUARDIAN FIRST Credit Union GUARDIAN FIRST is a credit union with head office in FORT WORTH, TX PREVIOUS AND NEXT TERMS-------------------------------------- Guaranteed insurability A life and health insurance policy feature that enables the insured to add coverage at future times and at fixed and agreed-upon rates regardless of health conditions. Guaranteed insurance contract A contract promising a stated nominal interest rate over some specific time period, usually several years. Guaranteed investment contract (GIC) Insurance contracts that guarantee the owner principal repayment and a fixed or floating interest rate for a predetermined period of time. Guaranteed mortgage certificates (GMC) First issued by Freddie Mac in 1975, G.M.C.s, like PCs, represent undivided interest in specified conventional whole loans and participations previously purchased by Freddie Mac. Guaranteed renewable policy insurance A type of insurance policy that requires the insurer to renew the policy to an individual regardless of health changes. Guaranteed replacement cost coverage insurance Guaranteeing- Avalising Bank The person, bank, or financial entity who gives the guarantee for the importer. Guarantor A person who guarantees to pay for someone else's debt if he or she should default on a loan obligation. Guarantor program Under the Freddie Mac program, the aggregation by a single issuer (usually an S&L) for the purpose of forming a qualifying pool to be issued as PCs under the Freddie Mac guarantee. Guardian An individual or trust institution appointed by a court to care for a minor or an incompetent person and his or her property. Guidance Information that a company provides as an indication or estimate of their future earnings. Also known as earnings guidance. We thank you for using the Financial Dictionary to search for Guaranteed replacement cost coverage insurance. If you have a better definition for Guaranteed replacement cost coverage insurance than the one presented here, please let us know by making use of the suggest a term option. This definition of Guaranteed replacement cost coverage insurance may be disputed by other professionals. Our attempt is to provide easy definitions on Guaranteed replacement cost coverage insurance and any other medical topic for the public at large.
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