Mortality Risk

Definition of "Mortality risk"

Measure of the sensitivity of the insurance company's liability for resultant higher mortality rates than charged for in the premium.

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Incontrovertible reality forcing a judge in a trial to find evidence to the contrary unsupportable. ...

Backup Withholding Rate

Effective January 4, 1994, the backup withholding rate on dividends, interest, and gross proceeds di ...

Intangible Personal Property

That which cannot be touched; having no meaning to the senses. It is represented by incorporeal righ ...

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