Definition of Premium Financing:
Policyholders agree to pay insurance premiums to lenders on their behalf. The policyholder promises to pay the lender interest and fees in addition to the premium.
Premium Financing refers to When the policyholder hires a lender to pay the insurance premium on his behalf. The policyholder promises to pay the lender interest and fees in addition to the premium.
Literal Meanings of Premium Financing
Sentences of Premium
Consumers are reluctant to pay more for organic fruits
Synonyms of Premium
insurance charge, surcharge, additional payment, percentage, remuneration, extra amount, instalment, regular payment, bonus, extra charge, insurance payment, prize, perk, reward, extra, additional fee, recompense
Meanings of Financing:
Finance (one person or company)
Especially large sums of money managed by the government or large companies.
Sentences of Financing
Healthcare is paid almost entirely by taxpayers.
Company Financial Management
Synonyms of Financing
fund, money matters, investment, accounting, commerce, pecuniary matters, fiscal matters, economics, invest in, capitalize, pay for, provide security for, banking, business, money management, back, subsidize, provide capital for, endow, financial affairs