Negotiated Contribution Plan
Defined contribution pension plan in which employer contributions are set under a collective bargaining agreement. It usually covers the employees of a number of firms and is administered by a board of trustees on which participating employers and unions are equally represented.
Popular Insurance Terms
Bureau insurer that files its statistical and underwriting experience with a rating bureau. ...
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Circumstance in which there is a probability loss to personal property or real property resulting from property damage, destruction, or disappearance. ...
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