Funded Self-insurance

Funded Self-insurance,

How Do You Define Funded Self-insurance?

A more formal approach to self-insurance, in which a fixed asset account is created to balance the provision of losses. Distinguish from uncertified or self-insurance payments.

Literal Meanings of Funded Self-insurance

Funded:

Meanings of Funded:
  1. Provide money for a specific purpose.

  2. The amount of savings or money available for specific use.

Sentences of Funded
  1. The World Bank refused to finance the project

  2. Created Economic Investment Coordination Fund

Synonyms of Funded

sponsor, subsidize, support, endow, reserve, underwrite, be a patron of, provide capital for, float, purse, finance, capitalize, put up the money for, collection, pay for, pool, maintain, back, provide finance for, kitty

Self:

Meanings of Self:
  1. Self fertilization

  2. A person who is an essential being that distinguishes them from others, especially as a self-aware or reflective process.

  3. (Mold or cover) is made of the same material and color as other materials.

Sentences of Self
  1. Autonomous species lose a lot of power in their offspring vi

  2. Alienation from our true self

  3. Belt dress

Insurance:

Meanings of Insurance:
  1. The process or arrangement under which a company or government agency guarantees compensation for some loss, injury, illness or death in exchange for premium payments.

  2. Anything that provides protection against possible emergencies.

Sentences of Insurance
  1. Adherence to high standards of personal conduct is the best protection against personal problems.

Synonyms of Insurance

indemnification, immunity, safeguard, financial protection, precaution, shelter, indemnity, defence, provision, protection, security, surety, safety measure, cover, preventive measure