What is the Definition of Transparency?
A term used to explain the way information on financial matters, such as financial reports and actions of companies or markets, are communicated so that they are easily understood and frank.
Source: Insurance Handbook A guide to insurance: what it does and how it works | https://www.iii.org/
Label: Insurance
Theme: Dictionary of Insurance Terms
Other Questions: What is the definition of Annuity?
What is the Definition of Transparency?
You can find random definition and meaning of insurance terms below:
What is the meaning of Limited Policies
health insurance coverage for a certain ailment, such as cancer.
What is the meaning of Limits
maximum value to be derived from a policy.
What is the meaning of Line of Business
classification of business written by insurers.
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