General Operating Expense | Insurance Glossary

Definition of "General operating expense"

Costs incurred by an insurance company other than agent commissions and taxes; that is, mainly the administrative expense of running a company.

Difference between the index a lender uses to compute adjustable rate mortgage (ARM) rates and the i ...

Contractor who constructs new roofs or repair old ones. ...

Same as term Underwriting Gain Loss): profit ( deficit) that remains after paying claims and expens ...

market in which there are comparatively few bids to buy or offers to sell real estate. The term rela ...

Passageway providing public access from a building interior to an exit. Long interior passagewa ...

Constructed in place by filling holes drilled through to bearing strata with concrete. ...

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

People finance to obtain a new loan in order to pay off the existing mortgage or to gain access to t ...

You need separate coverage for the variety of risks you face when storing, launching, hauling or run ...

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

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

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

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