★ WHAT DO YOU MEAN BY PRIMIUM?????
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Answer:
Premium is an amount paid periodically to the insurer by the insured for covering his risk. Description: In an insurance contract, the risk is transferred from the insured to the insurer. For taking this risk, the insurer charges an amount called the premium.
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Answer:
an amount to be paid for a contract of insurance.
STOCK MARKET
the amount by which the price of a share or other security exceeds its issue price, its nominal value, or the value of the assets it represents.
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Explanation:
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