Meaning new business
What does new business mean? Here you find 5 meanings of the word new business. You can also add a definition of new business yourself
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new businessAn aggregate in MFI interest rate statistics that comprises any new agreement between a household or non-financial corporation and a credit or other institution, i.e. all financial contracts, the term [..]
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new business New subscriptions (as opposed to renewals/requalifications).
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new businessNew business comprises the acquisition costs of all newly acquired assets from leasing and lease-purchase contracts and the factoring volume in the reporting period.
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new businessTerm used to describe the value of long-term savings policies sold to new and existing customers. Includes premium increases on existing business.
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new businessPolicies written in response to applications for insurance, as distinguished from renewal and cancellation rewrite policies.
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