The felonious taking, either by force or by fear of force, of the personal property of another, commonly known as “hold-up.”
The felonious taking, either by force or by fear of force, of the personal property of another, commonly known as “hold-up.”
The reserve needed by an insurer to cover net level policies which are in their later years. Loosely speaking, the level premium system of paying for a long-term Life or Health policy involves overpayment in the early years and underpayment in the later years.


