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  • Tuesday, April 29, 2025
  • The Financial Encyclopedia
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GSP

It stands for guideline single premium; with respect to life insurance (particularly universal life insurance), it is the premium at...

    Guideline Single Premium

    With respect to life insurance (particularly universal life insurance), it is the premium at issue with respect to future benefits...

      Target Premium

      A type of premium that is associated with universal life policies that does not guarantee the existence of adequate funds...

        Guideline Premium

        With respect to life insurance (particularly universal life insurance), it is a premium defined in the policy as the maximum...

          EP

          It stands for earned premium; a portion of an insurance policy's premium that corresponds to the expired part of the...

            Expense Ratio

            The percentage of all insurance premiums that are used to pay insurance costs, including those associated with costs of acquiring,...

              Earned Premium

              A portion of an insurance policy's premium that corresponds to the expired part of the policy- that is, that part...

                Long Premium

                A trader who has a positive gamma in a position taken in options or option combinations. Such a trader expects...

                  Short Premium

                  A trader who has a negative gamma in a position taken in options or option combinations. Such a trader expects...

                    Short Call Premium

                    The call option premium that is received by a call seller (writer). It represents the compensation a call seller receives...