What is القسط المكتسب?
In this glossary, القسط المكتسب refers to: The portion of premium that corresponds to the expired part of the policy period and has been 'earned' by providing insurance coverage.
How is القسط المكتسب used in finance?
In finance communication, this term appears in contexts such as: "أبلغت شركة التأمين عن زيادة في القسط المكتسب مع وصول المزيد من الوثائق إلى منتصف مدتها."
Why does القسط المكتسب matter in finance?
القسط المكتسب matters because it supports clear communication in Insurance contexts for Financial Analysts, Bankers, and Traders. It also connects to aviation training and exam language such as CFA, ACCA, and FRM.
Who uses القسط المكتسب?
القسط المكتسب is mainly used by Financial Analysts, Bankers, and Traders.
What category does القسط المكتسب belong to?
In this glossary, القسط المكتسب is grouped under Insurance. Related pages in this category explain adjacent procedures, commands and operational concepts.
Where does this definition come from?
This definition is sourced from CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework and published by Protermify Finance as a static finance reference page.