experience loss
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Experience modifier — or experience modification is a term used in the American insurance business and more specifically in workers compensation insurance. It is the adjustment of manual premium based on previous loss experience. Usually three years of loss experience … Wikipedia
experience — ex‧pe‧ri‧ence [ɪkˈspɪəriəns ǁ ˈspɪr ] noun [uncountable] 1. knowledge or skill gained from doing a particular job: • He is a high up executive who has years of experience in advising investors • Applicants will normally have at least two years… … Financial and business terms
Loss given default (LGD) — Loss Given Default or LGD is a common parameter in Risk Models and also a parameter used in the calculation of Economic Capital or Regulatory Capital under Basel II for a banking institution. This is an attribute of any exposure on bank s… … Wikipedia
experience — vb Experience, undergo, sustain, suffer are comparable when they mean to pass through the process of actually coming to know or to feel. Experience means little more than this. It implies that something (as a sensation, an emotion, or an… … New Dictionary of Synonyms
experience a loss — index lose (be deprived of) Burton s Legal Thesaurus. William C. Burton. 2006 … Law dictionary
Loss and Gain — Infobox Book | name = Loss and Gain image caption = Title Page, 8th Ed., 1881 author = John Henry Newman country = England language = English genre = Philosophical novel, Campus novel publisher = Burns Oates pub date = 1848 Loss and Gain is a… … Wikipedia
loss — [[t]lɒ̱s, AM lɔ͟ːs[/t]] ♦♦ losses 1) N VAR: usu with supp Loss is the fact of no longer having something or having less of it than before. ...loss of sight... The loss of income for the government is about $250 million a month. ...hair loss...… … English dictionary
Loss aversion — In prospect theory, loss aversion refers to the tendency for people strongly to prefer avoiding losses than acquiring gains. Some studies suggest that losses are twice as powerful, psychologically, as gains.Loss aversion was first convincingly… … Wikipedia
Loss given default — Basel II Bank for International Settlements Basel Accords Basel I Basel II Background Banking Monetary policy Central bank Risk … Wikipedia
Loss — (Roget s Thesaurus) < N PARAG:Loss >N GRP: N 1 Sgm: N 1 loss loss Sgm: N 1 deperdition deperdition perdition Sgm: N 1 forfeiture forfeiture lapse GRP: N 2 Sgm: N 2 privation privation bereavement … English dictionary for students
