Insurance
A liability set aside by an insurer to cover anticipated future administrative and claims adjustment expenses related to policies in force.
Quick answer: A liability set aside by an insurer to cover anticipated future administrative and claims adjustment expenses related to policies in force.
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A liability set aside by an insurer to cover anticipated future administrative and claims adjustment expenses related to policies in force.
Dự phòng chi phí 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.
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Questions and answers
In this glossary, Dự phòng chi phí refers to: A liability set aside by an insurer to cover anticipated future administrative and claims adjustment expenses related to policies in force.
In finance communication, this term appears in contexts such as: "Công ty đã tăng dự phòng chi phí để bù đắp chi phí xử lý khiếu nại tăng theo quy định mới."
Dự phòng chi phí 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.
Dự phòng chi phí is mainly used by Financial Analysts, Bankers, and Traders.
In this glossary, Dự phòng chi phí is grouped under Insurance. Related pages in this category explain adjacent procedures, commands and operational concepts.
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.
A liability set aside by an insurer to cover anticipated future administrative and claims adjustment expenses related to policies in force.
The company increased its expense reserve to account for rising claim handling costs under new regulatory requirements.
Dự phòng chi phí
Công ty đã tăng dự phòng chi phí để bù đắp chi phí xử lý khiếu nại tăng theo quy định mới.
English reference definition
CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework
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