Examlex
Insurance agents have the power to enter into,change,and cancel insurance policies on behalf of the companies they represent.
Payments
The act of transferring money to fulfill an obligation, such as in purchasing goods or services or repaying a loan.
Penalty
A punishment imposed for breaking a law, rule, or contract, which often involves paying a fine or forfeiting something.
Mark-Up
The amount added to the cost of a product or service to cover overhead and profit.
Selling Price
The amount of money for which a product is sold to the customer, after accounting for discounts, rebates, and other adjustments.
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