Examlex
According to the Fisher effect, if the real interest rate is zero, the nominal interest rate must be equal to the expected inflation rate.
Primary Payer
The insurance policy or program that pays first on a claim for medical care, determining the extent of coverage before any secondary payer contributes.
Employer-provided Insurance
Health insurance coverage provided to employees (and often their families) as part of an employment benefit package.
Birthday Rule
A rule that states that the insurance policy of a policyholder whose birthday comes first in the year is the primary payer for all dependents.
Birthday Rule
An insurance policy determination rule that establishes priority of coverage for a child when covered by both parents' plans; typically, the parent whose birthday occurs first in the calendar year holds the primary plan.
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Q32: When financial institutions originate residential mortgages, the
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