What Is a Commercial Loan? A commercial loan is a debt-based funding arrangement between a business and a financial institution such as a bank. It is typically used to fund major capital expenditures and/or cover operational costs that the company may otherwise be unable to afford. Expensive upfront costs and regulatory hurdles often prevent small
What Is a Commercial Multiple Peril (CMP) Policy? A commercial multiple peril (CMP) policy offers at least two forms of commercial insurance coverage, encompassing a variety of potential losses incurred from numerous causes. This type of policy essentially bundles together several property and general liability insurance policies types into a single one, covering multiple hazards. For
What Is a Commercial Package Policy (CPP)? A commercial package policy (CPP) is an insurance policy that combines coverage for multiple perils, such as liability and property risk. A commercial package policy allows a business to take a flexible approach to obtain insurance coverage. The benefit of CPP is that it may allow the business
What Is Coincheck? Coincheck is one of the top cryptocurrency exchanges globally based on traffic, liquidity, trading volumes, and confidence in the legitimacy of trading volumes reported. It is also the most popular Japanese cryptocurrency exchange. While Bitcoin has long been the most traded cryptocurrency on Coincheck, customers can also buy, sell, and trade Ethereum
What Is Coinigy? Coinigy is a digital asset trading platform that allows you to link your wallets from more than 20 exchanges. This one application lets you trade on multiple exchanges, monitor your portfolio, get real-time pricing, and much more. This cryptocurrency trading and portfolio tool was founded in 2014 by current CEO Robert Borden
What Is CoinJoin? CoinJoin is an anonymization strategy that protects the privacy of Bitcoin users when they conduct transactions with each other, obscuring the sources and destinations of BTC used in transactions. CoinJoin requires multiple parties to jointly sign a digital smart contract to mix their coins in a new Bitcoin transaction, where the output
What Is Coinsurance? Coinsurance is the amount, generally expressed as a fixed percentage, an insured must pay toward a covered claim after the deductible is satisfied. It is common in health insurance. Some property insurance policies also contain coinsurance provisions. In this case, coinsurance is the amount of coverage that the property owner must purchase
What Is the Coinsurance Formula? The coinsurance formula is the homeowner’s insurance formula that determines the amount of reimbursement that a homeowner will receive from a claim. The coinsurance formula becomes effective when a homeowner fails to maintain coverage of at least 80% of the home’s replacement value. Those who are in this situation who file a
What Is a Coinsurer? A coinsurer is a company that shares some of the potential liability for covering a single policyholder. The arrangement is most common when the risk or risks covered could be too costly for a single insurance company to cover. Generally, a primary insurance company covers most of the cost of a
What Is a Cost-of-Living Adjustment (COLA)? A cost-of-living adjustment (COLA) is an increase made to Social Security and Supplemental Security Income (SSI) to counteract the effects of rising prices in the economy—called inflation. COLAs are typically equal to the percentage increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) for a
