Expectation Of Loss

Definition of "Expectation of loss"

Same as term Expected Loss: probability of loss upon which a basic premium rate is calculated.

Search Real Estate Glossary

Related Real Estate Glossary terms

Specific Limit

Maximum limit of liability of an insurance company for a particular claim or kind of loss that is ap ...

Nonassessable Policy

Insurance contract under which a policy owner cannot be assessed for adverse loss and expense experi ...

Corporation Stock Purchase Plan

Same as term Close Corporation Plan: prior arrangement for surviving stockholders to purchase shares ...

Radiator

Exposed heating unit located within a room that transfers heat generated by hot water or stream thr ...

Loan Rates

The interest rate charged for a loan. For example, John obtained a $10.000 loan from the bank chargi ...

Cadastral Map

Map within a governmental jurisdiction showing the boundary lines and ownership of all real property ...

Related Real Estate FAQ

What Is A VA Loan?

A VA loan is a type of loan available to veterans and guaranteed by the Department of Veterans\' Aff ...

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 Do I Need To Know About Business Insurance?

Commercial insurance is designed to help protect many of the risks your business can face, including ...

What Are Paid Advertorials?

Paid advertorials are articles written by public relations professionals that have just one goal in ...

What Are The Benefits Of Liability Insurance?

General Liability Coverage includes: Bodily Injury Liability Coverage: Help protect you in case ...

What Does Fannie Mae Mean?

Fannie Mae is a name used by the Federal National Mortgage Association, which is a government-charte ...

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

Agents join here

Add our widget on your Website

Real Estate Advice

Tax Breaks for the First Time Home Buyer What do Real Estate Attorneys do? What Must I Disclose When Selling My Home? 5 signs of house foundation problems Home Prices - The Extra Costs

FAQ

What is earnest money? I dont know the zip code of my areas. How do I find an agent that is right for me in my area. What does the Real Estate Settlement Procedures Act (RESPA) require? What is a title search? What is a fixed-rate mortgage?