lapse ratio
Definition
An insurer's measurement of the number of insurance policies that expire during a set time period, and the number of new policies written at the beginning of the same time span. Also called expiration ratio.
Related Articles
- Introduction to Buying a Car *
- Introduction to Trading and Types of Orders *
- Roth IRAs: Contributions, Withdrawals, Distributions etc. *
- Tips for Test Driving a Car *
- Financing Your Small Business - Writing a Business Plan *
- Water Cooler Advice vs. A Financial Planner... No contest *
- Index Funds and ETFs *
- Credit Fraud and How to Protect Yourself *
Related Videos
http://www.businessdictionary.com/definition/lapse-ratio.html
