Year of Account definition

Year of Account means an underwriting year of account as defined in Lloyd’s Regulations.
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Year of Account means, in relation to a licensee, his financial year;
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Year of Account means, in relation to a licensee, his financial years;
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Examples of Year of Account in a sentence

  • Within two (2) months of the close of the first half of its Accounting Year of account, prepare and transmit to the Participants and the Commission a profit and loss account for and a balance sheet as at the end of that half year, whether audited or otherwise, in respect of each Sub-Fund, in accordance with the Rules.

  • Within the stipulated terms as specified by the commission from time to time at the close of the first half of its Accounting Year of account, prepare and transmit to the Participants and the Commission a profit and loss account for and a balance sheet as at the end of that half year, whether audited or otherwise, in respect of each Sub-Fund, in accordance with the Rules.

  • Within the stipulated terms as specified by the Commission from time to time at of the close of the first half of its Accounting Year of account, prepare and transmit to the Participants and the Commission a profit and loss account for and a balance sheet as at the end of that half year, whether audited or otherwise, in respect of each Sub-Fund, in accordance with the Rules.

  • Year of account result development The table below presents the annual results for each year of account until the earlier of the current year end and closure of the year of account by reinsurance to close.

  • The following rates, fees and charges apply when using an overdraft: Year of account *EAR stands for Effective Annual Rate and represents the yearly cost of an Arranged or Unarranged Overdraft, which takes into account of how often we charge interest to the account and does not include any other fees or charges.**APR stands for Annual Percentage Rate and shows the overall cost of credit as an annual rate charge.

  • The Lloyd’s Syndicate Accounting Byelaw (No. 8 of 2005) requires the aggregation of movements in each of the three calendar years for any Underwriting Year of account.

  • The following rates, fees and charges apply when using an overdraft: Year of account Arranged Overdraft Limit Arranged Overdraft Interest Rate *EAR stands for Effective Annual Rate and represents the yearly cost of an Arranged or Unarranged Overdraft, which takes into account of how often we charge interest to the account and does not include any other fees or charges.**APR stands for Annual Percentage Rate and shows the overall cost of credit as an annual rate charge.

  • Coverys is the Lloyd’s Managing Agent which manages the Syndicates on which the Group participates historically and for the 2018 Year of account.

  • The licensee shall keep proper accounts of subsidy in such a manner as approved by the Commission and render the same to the Commission within 30 days of the closure of the Year of account.

  • Legal status of the company Limited liability company (OOO) Registration number, date, place 1056000426371 December 21, 2005 Russia, Pskov Region Adrese Zonalnoje sosse 44a, Pskov, Russia 180007 Main types of business Purchase of timber Owners of the company Joint-stock company Saldus mežrūpniecība – 100 % Year of account January 1- September 30, 2009 2.


More Definitions of Year of Account

Year of Account means a year which is accounted for as a separate underwriting venture of a syndicate under Lloyd’s system of account
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Year of Account means a period of twelve months commencing on the first day of April of a Calendar year.]
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Year of Account means any period required by Article 49 to be included in an annual return of the credit union.
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Year of Account means the year in which an insurance or reinsurance contract that is underwritten by a syndicate is allocated for accounting purposes and into which all premiums and claims arising in respect of that contract are payable.
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Year of Account means the twelve months for which the accounts of the Companies are made up pursuant to the provisions of this Proclamation.
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Year of Account means a Xxxxx'x underwriting year of account. 1.2 Singular, plural, gender
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Related to Year of Account

  • Financial Year means the period commencing from April 1 of any given year to March 31 of the succeeding year.

  • Year of the Term as used herein shall mean each twelve-month period commencing on (START DATE).

  • Plan Year means the calendar year.

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Accounting Year means the financial year commencing from the first day of April of any calendar year and ending on the thirty-first day of March of the next calendar year;

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Accounting Period means a period ending on and including an accounting date and commencing (in case of the first such period) on the date on which the Trust Property is first paid or transferred to the Trustee and (in any other case) from the next day of the preceding accounting period.

  • Fiscal Year means the fiscal year of the Company.