Category: G

The nations with the most debt in Latin America. They are Argentina, Bolivia, Brazil, Chile, Columbia, Dominican Republic, Ecuador, Mexico, Peru, Uruguay, and Venezuela. It was formed in 1984

Building or complex with low height and sprawling.

1. Two or more of something with some type of commonality. Typically, people who work together to achieve a common set of goals. This involves regular contact, frequent interaction, mutual influence, and some feelings of camaraderie, 2. In Mathematics, this is a set’s subset.

Pension or retirement plan for an entire group with one annual premium is paid.

A CAPTIVE formed as a licensed INSURER or REINSURER that is owned by a number of companies, and which writes INSURANCE cover for all of them. Since a group captive engages in a significant amount of third party business, it generally receives more favorable tax treatment than a PURE CAPTIVE. Also known as an ASSOCIATION CAPTIVE or MULTIPARENT CAPTIVE. See also AGENCY CAPTIVE, CAPTIVE, PROTECTED CELL COMPANY, RENTACAPTIVE, SISTER CAPTIVE.

Lists group benefits given to each group plan policyholder. Typically, this is a certificate .

Closeness by mutual interest of a group’s members.

Insurance agreement of employees of the same employer, or any group of people.

Creditors group insurance coverage. Guarantees a borrower’s loans will be paid off, even if the borrower dies. Issued to reduce risk of default.

If a company derives revenue in more than one currency, or has subsidiaries or divisions in foreign countries, its consolidated financial statement requires one currency for reporting. Each other currency is converted to the single currency.