Ceded Premium - How To Discuss

Ceded Premium,

Definition of Ceded Premium:

• The definition of Ceded Premium is: The premium amount (rate) used to purchase insurance.

Literal Meanings of Ceded Premium

Ceded:

Meanings of Ceded:

1. Delivery (power or territory)

Sentences of Ceded

1. In 1874, the islands were ceded to Britain

Synonyms of Ceded

give up, yield, part with, relinquish, concede, surrender

Premium:

Meanings of Premium:

1. Price added to price or general cost.

2. Something is given as a gift, reward or incentive.

Sentences of Premium

1. Accurately, the earnings of a pensionable worker are made up of the premium paid in addition to his salary for the equivalent claim.

2. Consumers are reluctant to pay more for organic fruits

3. The Society des Arts gave him a bonus

Synonyms of Premium

instalment, extra, insurance charge, reward, insurance payment, bonus, prize, regular payment, additional payment, remuneration, percentage, extra charge, additional fee, recompense, surcharge, extra amount, perk

Ceded Premium,

Ceded Premium Definition:

Ceded Premium means, Premium amount (rate) used to repurchase insurance.

Literal Meanings of Ceded Premium

Ceded:

Meanings of Ceded:

1. Surrender (power or territory)

Synonyms of Ceded

grant, forsake, sacrifice, resign, make over, deliver up, turn over, give over, bequeath, forgo, waive, transfer, hand over, remit, renounce, abandon

Premium:

Meanings of Premium:

1. Amount payable under the insurance contract.

2. Price or value added to the general price.

Sentences of Premium

1. Consumers are reluctant to pay too much for organic fruits.

Synonyms of Premium

perquisite, bounty, inducement, incentive, extra amount/charge