Examlex
A common procedure to determine the value of a merger candidate is to estimate the present value of discounted cash flows and the expected after-tax earnings attributable to the merger.This can be done on all of the following levels except:
Premiums
Payments made regularly to an insurance company in exchange for coverage, representing the cost of the insurance policy.
Co-insurance Clause
A provision in insurance policies requiring the policyholder to bear a portion of the loss by maintaining coverage of a specified percentage of the value of the property to receive full reimbursement.
Fireproof
The quality of being resistant to or capable of withstanding damage by fire.
Insured
A person or entity covered under an insurance policy, receiving financial protection or reimbursement against losses from an insurance company.
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