| retention |
The capacity for retaining, or continuing to hold, something such as heat
Ãâó: resweb.llu.edu/rford/docs/VGD/GSLVT/gslglossary.ht...
|
|---|---|
| retention |
(1) In reinsurance, the amount of a reinsured risk which the ceding company retains. (2) See retention charge.
Ãâó: www.1stinsured.com/r.htm
|
| retention |
The Risk Financing strategy of retaining some of the cost of risk in the insurance contract. 100% retention is known as Self-Insurance.
Ãâó: www.mc2consulting.com/riskdef.htm
|
| retention |
Usually used in reinsurance, this is the amount of liability retained by an insurer, and not ceded to a reinsurer.
Ãâó: www.muaco.com/en/glossary/R/
|
| retention |
Of a received chain letter, keeping it in an undamaged state, accessible for copying. CLEVO
Ãâó: www.silcom.com/~barnowl/chain-letter/glossary.htm
|