The amount or portion of risk that an insurer or a self-insured retains for its own account. Also known as "net line."
In insurance, the amount of liability for coverage retained by the writing company and not reinsured.
The ability to hold something. e.g. water retention is the ability to hold water.
The amount of risk the CEDING COMPANY keeps for its own account or the account of others. Compare DEDUCTIBLE.
The amount of a loading or additive added to the stock that is retained in the final sheet of paper.
This is the maximum liability that an underwriter is prepared to assume as his own. He may then reinsure the balance of the risk, or just accept the risk up to the retention only.
That part of the insurance on a risk retained or not reinsured, the balance of which is reinsured.
The amount of chemical that the lumber retains after treating process, usually referenced in terms of chemical/cubic foot; i.e., .25, .40, .60
The amount of the risk that is retained, or kept, by whoever has responsibility to protect the property from loss. (See also, Self-Insured.)
The act of retaining existing customers. Retention efforts are usually geared towards building relationships.
The dollar amount or percentage of risk retained by the ceding company under a reinsurance agreement.
Sum of money retained from a mortgage pending completion of improvements or repairs as stipulated by the Valuer.
Keeping current customers, often by employing continuous communications with fresh information based on individual customer profiles in a personalized or customized format. Retention is an important marketing strategy as it cost 4 times more marketing dollars to acquire a new customer than retain a current customer.
Refers to the ability of a company to retain as many of its customers as possible; for example, by reducing churn or increasing repeat purchasing.
the power of retaining and recalling past experience; "he had a good memory when he was younger"
the power of retaining liquid; "moisture retentivity of soil"
The portion of the premium retained by the insurance company to cover expenses and provide profits.
The capacity for retaining, or continuing to hold, something such as heat
This is the money retained by the bank and paid to you once the bond is registered. Payments are made in the form of progress payments as work on your house progresses.
Retention is a marketing or management measure indicating the percentage of the customer base being retained by a firm within a certain time period. (Retention has therefore the opposite meaning to Churn)
1. The amount which an insured or an insurer assumes as its own liability and which is not insured otherwise. 2. In reinsurance, the amount which a primary insurer assumes for its own account. In pro rata reinsurance contracts, the retention may be a percentage of the policy limit. In excess of loss contracts, the retention is a dollar amount of loss.
This refers to students who do not move on to the next grade level at the end of the year due to poor academic performance. For example, a third grade student unable to score Level 2 or higher on the reading subtest of the FCAT is retained in third grade or kept in third grade for another year.
The dollar amount or percentage of each loss retained by the cedant under a reinsurance agreement. The point at which the retention is used up is said to be the attachment point for the reinsurer.
An amount of money retained by a customer for a specified period of time after a service has been provided, to ensure that if anything should subsequently go wrong then it will be rectified.
The withholding of a part of the payment due to the contractor until the time of final acceptance according to the terms of the contract. The amount retained (also known as retainage), as well as the period of retention, is determined by the terms of the contract. Retention, as a method of payment administration, is usually associated with construction contracts. ()
The part of the accepted risks which the insurer does not reinsure, i.e. carries for net account.
The symptom of retaining too much urine in the bladder. Incomplete voiding or complete inability to void.
The passive treatment period following active orthodontic correction during which retaining appliances may be used.
the percentage of viewers who, after loading the named file, loaded another one from the server within a pre-defined timeout period. This is a measure of the percentage of people "retained" on the server by a particular page. A very low retention would indicate that a certain page does not seem to be interesting readers and that they are backing out and going to another site. A very high retention would indicate that a large percentage of readers are staying on the server after reading this page.
The amount of risk that an insurer retains for its own account and is not reinsured.
That percentage of a syndicate member's underwriting participation which is retained for his own, retail sales, the balance of the underwriting commitment being set aside for the pot.
the act of holding on to something, as in business retention. The term as defined here is related to programs and actions taken by locations that want economic development to retain existing industries, businesses, and other enterprises deemed to be important to community vitality. definition of industry retention defined definition of retention defined definition of enterprise retention defined
Ability of filter medium to retain particles of a given size.
The lender might decide to hold back part of a loan until certain conditions are met. A common cause of this is where a property is shown in the survey/valuation to have a structural defect and the lender retains part of the mortgage advance until remedial works are carried out.
retaining or saving a portion of the original stand in a cluster or clump.
a sum of money retained (usually a percentage of the contract) during the maintenance period of a contract. It is there to ensure that the contract is completed to its entirety. If not the retention money may be used to finish the outstanding parts of the contract.
The net amount of risk which the ceding company or the reinsurer keeps for its own account or that of specified others.
Sum of money retained by the lender from a mortgage advance until improvements or repairs are completed as stipulated by the Valuer.
The portion of the premium retained by an insurance company as their coat of doing business including premium taxes, commissions, profit, claims, and other administrative expenses.
The net amount of risk that an insurer or reinsurer does not reinsure but keeps for his own account / The amount of premium retained by an insurer after paving claims and expenses, viz., his profit (U.S.).
The amount or percentage of each risk retained by the insurer under a reinsurance agreement.
Retention is the process of holding back, or retaining. During the excretion of fluids from the body by the kidneys, electrolytes and other substances dissolved in urine are excreted, while retention of water occurs, producing a more concentrated urine.
Proportion of fibre and filler retained on the paper machine wire
(1) In dividend payments, the company’s practice of holding back or retaining current earnings;(2) In a supply contract, the sums retained by the buyer which are gradually extended to the supplier as he fulfils his contractual obligations. Français: Rétention Español: Retención
The amount of time, in days, that inactive backed up or archived files are retained in the storage pool before they are deleted. The following copy group attributes define retention: retain extra versions, retain only version, retain version.
In membrane filtration, retention describes the minimum particle or molecule size retained by the membrane under a given set of conditions, namely, pressure, flux recovery, and temperature.
The amount of risk retained by an insurance company and not the insured.
the amount of liability retained on a given risk; the gross line less REINSURANCE. (See NET LINE)
Ability of a filter to retain particles (total number or those of a specific size) suspended in a gas or liquid. In the case of ultrafiltration, refers to the ability to concentrate molecules in solution. Expressed as percent of particles or molecules originally present.
The net amount of risk retained by an insurance company for its own account or that of specified others, and not reinsured.
(1) In reinsurance, the amount of a reinsured risk that the ceding company retains.
Refers to the period of time during which the DLC is responsible for keeping original documentation.MIT guidelines state that the only paper documents DLCs need to retain are packing slips, credit card receipts, signed DACCAs and timecards.The retention time frames are current FY plus four additional FYs (for packing slips, credit card receipts, and signed DACCAs) and current FY plus one additional FY (for signed time cards).
Usually used in reinsurance, this is the amount of liability retained by an insurer, and not ceded to a reinsurer.