loss ratio

loss ratio.

1. Insurance. The ratio between premiums paid and losses incurred during a given period. [Cases: Insurance 1540. C.J.S. Insurance § 65.]

2. A bank’s loan losses compared to its loan assets; a business’s receivable losses compared to its receivables.

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词条贡献者

资深译员Jeffrey，毕业于一所培养高级翻译以及跨文化事务专家的精英大学，专注翻译各种与建设工程诉讼有关的法律文件。