Albert Wooster & Company
Agent spoken language: English
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Charge assessed on the remaining principal, often contained in mortgages, when an obligation is paid before its due....
What remains after something is removed, such as substances left after a pollution treatment facility is removed....
Net amount of cash than an investor requires from an income-producing property, after taxes, for a period of time, usually a year. It is computed by accumulating all rental receipts for the period and deducting from them all cash-related expenditures applicable to the property, such as the mortgage ...
Same as term Convention Examination: audit of the convention blank (NAIC Statement Blank) every third year as to all of the financial activities of a company; company claim practices; and general policyowner relations....