Expense Load

Expense Load,

Expense Load Meanings:

  • Meaning of Expense Load:

    The amount that the insurance insurer has to cover business expenses and emergencies, including the cost of capital, is thus mathematically represented.

    Premium = Accounts Receivable + Expenses + Profit Accumulation

    Revenue costs are usually expressed as a factor of time or as a percentage of expected business claims and costs, or are mathematically represented as follows.

    Reward Purpose = (1+ r) X

    r = Profit-expenditure factor expressed as a percentage

    X = expected number of claims and expected number: administrative costs, commissions, general expenses

  • Expense Load means, In addition to the net premium, the acquisition cost and other expenses are included in the premium. This factor provides the overhead and profit margin that is included in the gross premium (or fee).

Literal Meanings of Expense Load

Expense:

Meanings of Expense:
  1. The price of something, the money spent on something.

Sentences of Expense
  1. Up to Rs 17,500 can be collected in capital expenditure this year

  2. We order apparel at a high price

Synonyms of Expense

cost, price

Load:

Meanings of Load:
  1. Carrying a load or large quantity on an object (vehicle, ship, container, etc.)

  2. When (someone or something) carries or holds a large or excessive amount of heavy objects.

  3. Load with ammunition (weapons)

  4. Add extra cost (insurance premium) to reduce the risk.

  5. Heavy volunteer large items are being moved or intended.

  6. A source of load or pressure is sustained by something else or something.

  7. Lots (often disagreed or disliked)

  8. The amount of energy supplied by the source and the resistance of the moving parts that the machine must control.

Sentences of Load
  1. They carry their canoes

  2. Elaine's grocery bag is full

  3. He started loading the gun

  4. With an efficient capital market, the fixed risk premium will only focus on the borrower's high debt, so there will be no free beneficiary.

  5. In addition to their diet, they had to carry up to eight pounds

  6. High blood pressure increases the pressure on the heart

  7. If the fuse wire is too thin to support the charge, it will melt

Synonyms of Load

force, wealth, multitude, array, cram, lot, stack, charge, pile, thrust, stress, heap, stuff, prepare to use, burden, freight, arm, prime, large number, fill, load