Adverse selection definition

Adverse selection. The Seller used no adverse selection procedures in selecting the Mortgage Loan from among the outstanding first-lien or second-lien, residential mortgage loans owned by it which were available for inclusion in the Mortgage Loans.
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Adverse selection means that the costs of covering Medicare eligible annuitants in a particular basic plan results in higher premiums for all members of that plan.
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Adverse selection means that women are not hired for certain jobs, despite their qualifications. In many places, women are often considered “secondary” wage earners and employers do not always recognize women’s role in supporting their families economically. Women often earn lower wages than men for the same or similar types of jobs, and are usually the last workers hired and the first fired.
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Examples of Adverse selection in a sentence

  • Adverse selection is the phenomenon whereby persons with a higher than average probability of loss seek greater insurance coverage than those with less risk.

  • Adverse selection can also refer to many other types of exchanges like the search by companies for competent employees.

  • Adverse selection, however, does not bias our estimates since we observe exact credit score and our estimator does not depend on the density of observations by credit score within a category.

  • Adverse selection in insurance markets: Policyholder evidence from the UK annuity market.

  • Adverse selection or lapse factors reasonably expected in connection with revisions to plan provisions, ser- vices, benefits, and amount charged.[Statutory Authority: RCW 48.02.060, 48.44.050, and 48.46.200.

  • Adverse selection in labor marketsPrivately negotiated labor contracts may yield inefficient solutions due to adverse selection.

  • Adverse selection is the condition under which the principal cannot ascertain if the agent accurately represents his ability to do the work for which he is being paid.

  • Dell’Ariccia, Giovanni, Friedman, Ezra und Marquez, Robert (1999), Adverse selection as a Barrier to Entry in the Banking Industry, RAND Journal of Economics 30, 3:515-534.

  • Adverse selection models are motivated by the hypothesis of differential ability that cannot be observed by shareholders.

  • Adverse selection occurs when individuals who expect or plan for high use of health services tend to enroll in more generous (and consequently more expensive) health plans.


More Definitions of Adverse selection

Adverse selection. No selection procedures were used by the Company that identified the Mortgage Loans as being less desirable or valuable than other comparable mortgage loans in the Company's portfolio;
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Related to Adverse selection

  • Adverse System Impact means a negative effect that compromises the safety or reliability of the electric distribution system or materially affects the quality of electric service provided by the electric distribution company (EDC) to other customers.

  • Company Adverse Recommendation Change shall have the meaning set forth in Section 5.3(c).

  • Adverse Recommendation Change has the meaning assigned in Section 5.7(f).

  • Adverse reaction means an unexpected outcome that threatens the health or safety of a patient as a result of a medical service, nursing service, or health-related service provided to the patient.

  • Random selection process means a process by which currently income-eligible households are selected for placement in affordable housing units such that no preference is given to one applicant over another except for purposes of matching household income and size with an appropriately priced and sized affordable unit (e.g., by lottery).

  • Adverse impact means any deleterious effect on waters or wetlands, including their quality, quantity, surface area, species composition, aesthetics or usefulness for human or natural uses which are or may potentially be harmful or injurious to human health, welfare, safety or property, to biological productivity, diversity, or stability or which unreasonably interfere with the enjoyment of life or property, including outdoor recreation.

  • Adverse Disclosure means any public disclosure of material non-public information, which disclosure, in the good faith judgment of the Chief Executive Officer or principal financial officer of the Company, after consultation with counsel to the Company, (i) would be required to be made in any Registration Statement or Prospectus in order for the applicable Registration Statement or Prospectus not to contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements contained therein (in the case of any prospectus and any preliminary prospectus, in the light of the circumstances under which they were made) not misleading, (ii) would not be required to be made at such time if the Registration Statement were not being filed, and (iii) the Company has a bona fide business purpose for not making such information public.

  • Adverse REMIC Event As defined in Section 9.01(f) hereof.

  • Final Internal Adverse Benefit Determination means an Adverse Benefit Determination that has been upheld by BCBSTX at the completion of BCBSTX’s internal review/appeal process.

  • Adverse Benefit Determination means any of the following:

  • Minimal sedation means a minimally depressed level of consciousness, produced by a pharmacological method, that retains the patient's ability to independently and continuously maintain an airway and respond normally to tactile stimulation and verbal command. Although cognitive function and coordination may be modestly impaired, ventilator and cardiovascular functions are unaffected;

  • Compliance Statement is that certain statement in the form attached hereto as Exhibit B.

  • Adverse drug reaction means any undesirable or unexpected medication related event that requires discontinuing a medication or modifying the dose, requires or prolongs hospitalization, results in disability, requires supportive treatment, is life-threatening or results in death, results in congenital anomalies, or occurs following vaccination.

  • Most serious offense means any of the following felonies

  • Investor Material Adverse Effect means, with respect to a particular Investor, any fact, event, circumstance, change, occurrence, effect or condition which has had or would reasonably be expected to have, individually or in the aggregate with all other facts, events, circumstances, changes, occurrences, effects or conditions, a material adverse effect on the ability of such Investor to consummate the transactions contemplated by this Agreement.

  • Adverse Event means any untoward medical occurrence in a patient or clinical investigation subject administered a pharmaceutical product and that does not necessarily have a causal relationship with the treatment. An adverse event can therefore be any unfavourable and unintended sign (including an abnormal laboratory finding), symptom, or disease temporally associated with the use of a medicinal product, whether or not related to the medicinal product.

  • Pre-consumer Material means any material or by-product generated after the manufacture of a product but before the product reaches the consumer, such as damaged or obsolete products. Pre-consumer Material does not include mill and manufacturing trim, scrap, or broken material that is generated at a manufacturing site and commonly reused on-site in the same or another manufacturing process.

  • Purchaser Material Adverse Effect means any material adverse change in or material adverse effect on the ability of Purchaser to perform its obligations under this Agreement or to consummate the transactions contemplated hereby.

  • Cover material means soil placed over a soil dispersal component composed predominately of mineral material with no greater than ten percent organic content. Cover material may contain an organic surface layer for establishing a vegetative landscape to reduce soil erosion.

  • COVID-19 test means a viral test for SARS-CoV-2 that is:

  • Fundamental Change Company Notice shall have the meaning specified in Section 15.02(c).

  • Adverse Rating Event With respect to any Class of Rated Certificates and any Rating Agency that has assigned a rating thereto, as of any date of determination, the qualification, downgrade or withdrawal of the rating then assigned to such Class of Rated Certificates by such Rating Agency (or the placement of such Class of Rated Certificates on “negative credit watch” status in contemplation of any such action with respect thereto).

  • Adverse Proceeding means any action, suit, proceeding (whether administrative, judicial or otherwise), governmental investigation or arbitration (whether or not purportedly on behalf of Holdings or any of its Subsidiaries) at law or in equity, or before or by any Governmental Authority, domestic or foreign (including any Environmental Claims), whether pending or, to the knowledge of Holdings or any of its Subsidiaries, threatened against or affecting Holdings or any of its Subsidiaries or any property of Holdings or any of its Subsidiaries.

  • Adverse action means a home or remote state action.