Diversification | Insurance Glossary

Definition of "Diversification"

Risk distribution included by type of coverage, by kind of risk, and by geographical location.

Individual renting a residential or office unit. ...

Cancellation of a policy by an insurance company. ...

Those factors causing the movement of people, industry, and business from the central city to the ou ...

initial plaster used on a lathe. ...

Amount still unpaid at a particular date on a loan or other financing agreement. ...

Modifications of the traditional defined benefit plan in which employees are credited with a specifi ...

The process of finalizing all the dealing associated with the sale and purchase of a home. (Also kno ...

This calculator will amortize your mortgage over the loan period based on your input. To see a break ...

PITI is the total monthly payment you make on a house-Principal, Interest, Taxes, and Insurance. ...

A convertible ARM is an adjustable- rate mortgage (ARM) that can be converted into a fixed rate mort ...

A seller disclosure is a form required by most states; the seller uses this form to disclose any kno ...

A counteroffer is an offer made by one party that makes changes to the original or latest offer of t ...

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