Dictionary
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| loss ra·tio (plural loss ra·tios) |
noun |
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| Definition: |
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ratio of losses against premiums: the ratio of the losses paid out in a year by an insurance company against the income from premiums
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| Encarta® World English Dictionary [North American Edition] © & (P)2007 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc. |
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