WebWhen a person has "bound" insurance coverage, it means that an insurer has temporarily extended him coverage, while the underwriting company is reviewing his application. This coverage is extended based on the assumption that the applicant will be approved for the … An insurance binder is a one-page legal contract issued by an insurance agent or … Call AARP's customer service hotline (1-888-687-2277) and follow the prompts … Health insurance isn't any good if you don't know how to find a doctor who works … WebMar 24, 2024 · Bound is the past tense of the verb bind, which means “to tie up or otherwise secure with some form of restraints, especially around the wrists, arms, ankles, and legs.” Binding someone in this way is typically done to prevent them from moving or escaping.
What Does "Bound" Mean as an Insurance Term? Sapling
WebUnconventional monetary policy occurs when tools other than changing a policy interest rate are used. These tools include: forward guidance. asset purchases. term funding facilities. adjustments to market operations. negative interest rates. With the exception of negative interest rates, these tools have always been in the ‘toolkit’ of ... WebObligated or required, frequently by contractual terms, sometimes used with regard to moral or ethical obligations or constraints. Law Dictionary – Alternative Legal Definition. As an adjective, denotes the condition of being constrained by the obligations of a bond or a covenant. In the law of shipping, “bound to” or “bound for ... powdr resorts
BOUND English meaning - Cambridge Dictionary
WebS.M.A.R.T. is a mnemonic acronym, giving criteria to guide in the setting of goals and objectives that are assumed to give better results, for example in project management, employee- performance management and personal development. The term was first proposed by George T. Doran in the November 1981 issue of Management Review. [1] WebZero interest-rate policy (ZIRP) is a macroeconomic concept describing conditions with a very low nominal interest rate, such as those in contemporary Japan and in the United States from December 2008 through December 2015. ZIRP is considered to be an unconventional monetary policy instrument and can be associated with slow economic growth, deflation … WebDec 17, 2024 · They refer to the date at which coverage under the terms described on the insurance policy begins. It signals the start of the contract and, from then until the expiry date, both parties are bound to adhere to the conditions of the insurance policy. towel bar spy camera