Examlex
Return on equity can be expressed mathematically as "(net profit margin) x (total asset turnover) x (equity multiplier)."
Stated Value
The value of an asset as declared by its owner, often for insurance purposes, which may or may not reflect its actual market value.
Homeowner's Insurance
A type of property insurance that covers damages and losses to an individual's house and assets in the home, providing liability coverage against accidents in the home or on the property.
Burglarized
The act of illegally entering a building with intent to commit theft.
Policy Cover
The extent of protection provided by an insurance policy against specific risks or occurrences.
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