A stop loss provision is a risk management tool used in financial trading that automatically sells a security when its price falls to a predetermined level. This helps investors limit potential losses on their investments by preventing further declines in value. It can also be applied in insurance or lending contexts to mitigate losses by capping exposure to certain risks. Overall, stop loss provisions are essential for maintaining a disciplined investment strategy.
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Profit & Loss A/c [Debit] Provision for bad debts [Credit]
The provision for bad debts will be categorized under the profit and loss account.
Provision for bad and doubtful debt is not go to profit and loss account, and it is go to balance sheet.
Aggregate stop loss has to do with Stop loss insurance when involved with all the employees at a set threshold, Spec. Stop loss is the singular employee's status of either staying under or over set stop loss threshold at a specific period in time.
Provision to reduce CFCs & CO2 emission
Medical Stop Loss is a product purchased by employers that self-insure their medical plans. Under a self-funded health plan, the primary insurer is the employer and the stop loss carrier can be thought of as a reinsurer. There are two kinds of medical stop loss coverage, specific stop loss and aggregate stop loss. Specific stop loss protects the plan against large claims on individuals and aggregate stop loss protects the plan from having overall high paid claims.
Stop-Loss was released on 03/28/2008.
The Production Budget for Stop-Loss was $25,000,000.
When you have a stop loss you and you reach a claim over your amount. they will reduce your amount .
The duration of Stop-Loss - film - is 1.87 hours.
Stop-Loss - film - was created on 2008-03-28.