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

双语律师Jason，国内知名法学院民商法专业，擅长翻译有关体育博彩领域的法律文件。