American Experience Table

Definition of "American experience table"

Chart published in 1868 by Sheppard Homans, an actuary with the Mutual Life Insurance Company of New York, based on insured lives from 1843 to 1858. Historically, it was widely used for life insurance premium and reserve calculations. It was replaced by the C.S.O. Table.

Search Real Estate Glossary

Related Real Estate Glossary terms

Chapter 13

A judicially approved plan in which a persons obligations are paid over three years. It is an arrang ...

Cognovit Clause

Provision in a loan agreement where a debtor authorizes a judgment against him in the event of a def ...

Concurrency

In which at least two insurance policies provide identical coverage for the same risk. ...

Accountants Liability Insurance

Insurance for accountants covering liability lawsuits arising from their professional activities. Fo ...

Subject To

Said of property that is bought subject to the existing loan against it. ...

Dispossess Proceedings

Legal action by an owner of property to oust or exclude an individual or business form using the pro ...

Related Real Estate FAQ

Do I Need Life Insurance?

Whether you are a .boomer. an .X-er. or an .empty Nester. it is never to or too late . to think abou ...

What Is A Lifetime Rate Cap?

A lifetime rate cap is an adjustable-rate mortgage (ARM), this cap limits the amount the interest ra ...

What Is A Good Faith Estimate?

A Good Faith Estimate is when a lender must give a prospective homebuyer a written estimate of closi ...

What Is A Treasury Index?

A treasury index is an index used to determine interest-rate changes for certain adjustable-rate mor ...

What Do I Need To Know About Whole Life Insurance?

Whole life insurance insurance provides the coverage amount to your beneficiary in the of your death ...

What Is The Tax Benefits Of Buying A Home?

RealEstateAgent.com calculator estimates the tax benefit of buying a home. Input your loan parameter ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews

Agents join here

Add our widget on your Website

Real Estate Advice

How To Choose A Realtor Is it better to buy or sell a home first Top Five Reasons Your Home Offer was Rejected 5 U.S. Cities with the Best Public Transportation Foreclosure - The Pros and Cons of Buying

FAQ

What do I need to know about Business Insurance? What is an agent? What is a deed? Besides making my monthly mortgage payment, how can I build equity into my house? What is a lifetime rate cap?