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
Meanings of Expense:
The price of something, the money spent on something.
Sentences of Expense
Up to Rs 17,500 can be collected in capital expenditure this year
We order apparel at a high price
Synonyms of Expense
Meanings of Load:
Carrying a load or large quantity on an object (vehicle, ship, container, etc.)
When (someone or something) carries or holds a large or excessive amount of heavy objects.
Load with ammunition (weapons)
Add extra cost (insurance premium) to reduce the risk.
Heavy volunteer large items are being moved or intended.
A source of load or pressure is sustained by something else or something.
Lots (often disagreed or disliked)
The amount of energy supplied by the source and the resistance of the moving parts that the machine must control.
Sentences of Load
They carry their canoes
Elaine's grocery bag is full
He started loading the gun
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.
In addition to their diet, they had to carry up to eight pounds
High blood pressure increases the pressure on the heart
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