(a.) Of or pertaining to money, or consisting of money; pecuniary.
Example Sentences:
(1) The International Monetary Fund, which has long urged Nigeria to remove the subsidy, supports the move.
(2) He said: "Monetary policy affects the exchange rate – which in turn can offset or reinforce our exposure to rising import prices.
(3) An employee's career advancement, professional development, monetary remuneration and self-esteem often may depend upon the final outcome of the process.
(4) When you have champions of financial rectitude such as the International Monetary Fund and OECD warning of the international risk of an "explosion of social unrest" and arguing for a new fiscal stimulus if growth continues to falter, it's hardly surprising that tensions in the cabinet over next month's spending review are spilling over.
(5) As he sits in Athens wondering when the International Monetary Fund is going to deliver another bailout, George Papandreou might be tempted to hum a few lines of Tired of Waiting for You.
(6) Britain will be the best performing of the world's major economies this year with growth of 2.9%, according to the International Monetary Fund, as consumer spending rebounds, inflation remains low and unemployment continues to fall steadily.
(7) The euro’s weakness – and its move to near-parity with the dollar – has come after a period of low and even negative interest rates as well as a programme of monetary stimulus measures from the European Central Bank.
(8) Ahead of a meeting of eurozone finance ministers, International Monetary Fund officials and the European Central Bank on Greece on Monday, the official made plain that there was unlikely to be any quick agreement.
(9) As Carsten Brzeski , senior economist at ING , puts it: Data released since the April rate-setting meeting have provided further evidence that more monetary action could be needed in the euro zone...
(10) Which would be fine if the separate economies in question were sufficiently aligned to be treated as one bloc for the purposes of monetary policy; but surely the contrasting fortunes of the core and peripheral countries even before 2008 suggest that is not (yet) the case?
(11) "If required, we will act swiftly with further monetary policy easing.
(12) That could make it more difficult to gain a majority decision to change monetary policy in either direction," says Nick Bate, economist at Bank of America in London.
(13) As the eurozone experience proves, sustaining a monetary union requires banking, fiscal and full economic union.
(14) The evidence increasingly shows that monetary policy, broadly defined and effectively deployed, can work, but with two caveats.
(15) Completing monetary union means four things – a banking union, a fiscal union, an economic union, a democratically legitimised political union.
(16) A few emerging-market economies have similar wobbles to Iceland but get assistance from the International Monetary Fund.
(17) Bernanke's announcement came after the International Monetary Fund, which is holding its annual meetings in Washington, warned that the world financial system was "back in the danger zone".
(18) Greece’s debt is currently around 175% of its annual national income, most of it owed to official creditors such as the European Central Bank or the International Monetary Fund.
(19) The nine members of the Bank’s monetary policy committee appear divided over the likely path of pay growth and the implications for when they should raise interest rates from the current record low of 0.5%.
(20) Monetary policy committee (MPC) member Adam Posen had also indicated on Thursday he was ready to vote for more electronic cash to be pumped into markets if it became clear the UK economy was entering another recession.
Reinsurance
Definition:
(n.) Insurance a second time or again; renewed insurance.
(n.) A contract by which an insurer is insured wholly or in part against the risk he has incurred in insuring somebody else. See Reassurance.
Example Sentences:
(1) The global fund's reinsurance arm – put at about $3bn (using a high insurance rate) – would facilitate reinsurance coverage for social protection schemes in countries where risks (and the fear of excess demand for support) make it difficult for states to obtain affordable and extensive reinsurance.
(2) The second provision was a sop to unions, and as such was seen as a Democratic ask: a tax on group health care plans – which would fund a reinsurance program to protect against early strain on the system from potentially lots of sick people and no healthy people signing up – was to be delayed.
(3) But reinsurance alone does not reduce the underlying high cost of providing such primary coverage.
(4) It is argued that the rise in malpractice insurance premiums and associated restrictions in availability should be seen against the background of underwriting problems specific to medical liability in conjunction with a general decline in reinsurance cover.
(5) That is why the governments concerned must take over the reinsurance function and use their agencies only to administer the insurance policies.
(6) Taking as an example the life insurance application of a man with conservatively treated ulcerative colitis, risk assessment procedure from the viewpoint of life insurance is analyzed on the basis of the Swiss Reinsurance Company rating guidelines.
(7) Only simple insurance products will be affected, but not big reinsurance contracts and specialist insurance such as marine and aviation, Beale said.
(8) There, reinsurance serves as part of a strategy for requiring that primary insurance be made available to all applicants, regardless of risk.
(9) Private insurers and reinsurers like Germany's Euler Hermes have offered it for years.
(10) Some financial firms, though, were hit – particularly the reinsurance firms that take on risk from individual insurers.
(11) Guarantees of this kind have a peculiar feature: the more convincing they are, the less likely they are to be invoked; the reinsurance is likely to turn out to be largely costless.
(12) The fund would have two functions: to help the 48 least developed countries (LDCs) put in place a "social protection floor"; and to serve as a reinsurance provider to step in if a state's social protection system was overwhelmed by an unexpected event such as extreme drought or flooding.
(13) Like other reinsurers, Munich Re has said it is expecting to face mounting claims in the coming years for damage caused by climate change.
(14) Hodge said: "As individual events, the Australian floods, Cyclone Yasi [in Australia], the Christchurch earthquake and today's Honshu earthquake are unlikely to significantly affect global reinsurance prices.
(15) It was found that admissions can be unreported when another insurer or institution pays (e.g., Medicare, No Fault, Workmen's Compensation, duplicate coverage, school health and liability insurance or VA, military, municipal, and state hospitals); when the HMO does not cover benefits (e.g., cosmetic and oral surgery, experimental procedures, long-term psychiatric, chronic, or rehabilitation stays); and when HMO coverage is denied for procedural reasons (e.g., catastrophic stays covered by reinsurance, newborns, voluntary "leakage," or improper following of HMO procedures).
(16) To do so, they must ensure their financial stability through the support of the insured and through adequate reinsurance, compete effectively with commercial insurance companies, comply with federal regulations regarding reimbursement to hospitals for premiums, and develop effective internal management.
(17) They had bought it for £600m in 2007 from reinsurer Swiss Re, which commissioned it in 2004.
(18) Because the primary carrier mainly wants to protect its solvency against unpredictable variation in claims experience, it normally reinsures only the "high end" of claims risk.
(19) Under conventional private practice, primary health insurers, including self-insured groups and HMOs, voluntarily contract with reinsurers to share some risk and some premiums.
(20) The £4bn loans, some of which appear to be still outstanding, were made to the Swiss banking giant, Credit Suisse; a British reinsurer, Swiss Re plc; and an unidentified US insurer.