Loan Life Coverage Ratio - LLCR — A financial ratio used to estimate the ability of the borrowing company to repay an outstanding loan. The Loan Life Coverage Ratio (LLCR) is calculated by dividing the net present value (NPV) of the money available for debt repayment by the… … Investment dictionary
Life insurance — The foundation of life insurance is the recognition of the value of a human life and the possibility of indemnification for the loss of that value. F. C. Oviatt, Economic place of insurance and its relation to society[1] Life insurance is a… … Wikipedia
life insurance — n: insurance providing for the payment of money to a designated beneficiary upon the death of the insured see also endowment insurance ordinary life insurance: whole life insurance in this entry straight life insurance … Law dictionary
Life (magazine) — Life generally refers to three American magazines: *A humor and general interest magazine published from 1883 to 1936. Time founder Henry Luce bought all rights to this magazine solely so that he could acquire the rights to its name. *A… … Wikipedia
life insurance — insurance providing for payment of a sum of money to a named beneficiary upon the death of the policyholder or to the policyholder if still living after reaching a specified age. [1800 10] * * * Method by which large groups of individuals… … Universalium
life — /luyf/, n., pl. lives /luyvz/, adj. n. 1. the condition that distinguishes organisms from inorganic objects and dead organisms, being manifested by growth through metabolism, reproduction, and the power of adaptation to environment through… … Universalium
Life on Mars — For other uses, see Life on Mars (disambiguation). An artist s impression of what Mars surface and atmosphere may look like if Mars were terraformed. Scientists have long speculated about the possibility of life on Mars owing to the planet s… … Wikipedia
Life With Guaranteed Term — An annuitization method option with which the annuitant chooses to receive regular income payments that are guaranteed to last the rest of his or her life but also guarantees income payments for a minimum number of years (the term) following the… … Investment dictionary
life insurance policy — The contract that sets out the terms of life insurance coverage. Bloomberg Financial Dictionary … Financial and business terms
Adjustable Life Insurance — A type of life insurance that combines features of term and whole life coverage, giving holders the option to change the characteristics of their policies as their needs change over time. Adjustable life insurance policies allow holders to… … Investment dictionary
Group Life Insurance — Life insurance offered by an employer or large scale entity (i.e. association or labor organization) to its workers or members. Group life insurance is typically offered as a piece of a larger employer or membership benefit package. By purchasing … Investment dictionary
