Allocated Loss Adjustment Expense (ALAE)

Allocated Loss Adjustment Expense (ALAE),

What is Allocated Loss Adjustment Expense (ALAE)?

An example of an ALAE is the cost of settling a claim that is in a particular claim or will be transferred. An example of an ALAE is the fees paid to outside lawyers, experts and investigators to defend claims.

Literal Meanings of Allocated Loss Adjustment Expense (ALAE)

Allocated:

Meanings of Allocated:

1. Distribution (resources or work) for a specific purpose.

Sentences of Allocated

1. In recent years, we have not provided significant funding to maintain the infrastructure.

Synonyms of Allocated

devote, assign, administer, award, allot, issue, grant

Loss:

Meanings of Loss:

1. The fact or action of losing someone else.

Sentences of Loss

1. Don't waste your time

Synonyms of Loss

overlooking, mislaying, misplacement, dropping, forgetting

Adjustment:

Meanings of Adjustment:

1. Get the fit, appearance, or result you want with minor modifications or gestures.

Sentences of Adjustment

1. I have made some adjustments in my diet.

Synonyms of Adjustment

accommodating, acculturation, habituating, familiarization, assimilating, acclimatization, reconciliation, adaptation, naturalization, harmonization, assimilation, adapting, inurement, accustoming, habituation, accommodation

Expense:

Meanings of Expense:

1. Compensation over tax base (a cost item)

Sentences of Expense

1. During the year, up to 17,500 investments can be made

2. We demand imagination at a higher price

Synonyms of Expense

price, cost

Allocated Loss Adjustment Expense (ALAE),

Allocated Loss Adjustment Expense (ALAE) Definition:

Claims settlement costs that are or will be allocated to specific claims. Fees paid to lawyers, experts and outside investigators to avoid claims are an example of ALS.

Literal Meanings of Allocated Loss Adjustment Expense (ALAE)

Allocated:

Meanings of Allocated:

1. Allocate (resources or work) for a specific purpose.

Synonyms of Allocated

measure out, earmark for, distribute, ration out, designate for, dish out, apportion, deal out, dispense, give out, hand out, portion out, mete out, share out, divvy up, appropriate for, divide out, dole out, set aside for, divide up, parcel out, budget for

Loss:

Meanings of Loss:

1. The fact or action of losing something or someone.

Synonyms of Loss

depletion, impoverishment, deprivation, forfeiture, diminution, privation, erosion, squandering, losing, reduction, disappearance, waste, dissipation

Adjustment:

Meanings of Adjustment:

1. Get the little changes or hints you want fit, look, or result.

Sentences of Adjustment

1. I made some adjustments in my diet.

Synonyms of Adjustment

settling in, customization, amending, regulation, alteration, rearrangement, regulating, modifying, correcting, overhaul, repair, tweaking, jiggering, converting, settling down, tailoring, correction, twiddling, acclimation, restyling, variation, refinement, refining, mending, reconstruction, overhauling, reshaping, remodelling

Expense:

Meanings of Expense:

1. The cost or need for something.

2. Compensation (items of expenses) as taxable income.

Sentences of Expense

1. Conference rooms are expensive.

2. Up to ، 17,500 can be recovered in capital expenditures this year.

Synonyms of Expense

levy, outlay, toll, rate, tariff, damage, amount, fee, figure, payment, charge

Allocated Loss Adjustment Expense (ALAE),

Allocated Loss Adjustment Expense (ALAE) Meanings:

You can define Allocated Loss Adjustment Expense (ALAE) as, Claims settlement costs that are or will be allocated for specific claims. Fees paid to lawyers, experts and outside investigators to avoid claims are an example of ALS.

Literal Meanings of Allocated Loss Adjustment Expense (ALAE)

Allocated:

Sentences of Allocated

1. In recent years, we have not provided adequate funding to maintain the infrastructure.

Adjustment:

Meanings of Adjustment:

1. Small changes or hints to get a custom fit, shape or result.

Sentences of Adjustment

1. I made some changes in my diet.

Synonyms of Adjustment

change, amendment, modification, revamping, rectifying, transformation, fixing, patching up, conversion, improvement

Expense:

Meanings of Expense:

1. Compensation (expenses) as taxable income expenses.

Sentences of Expense

1. Investments can be charged up to ,500 17,500 this year.