| Webster's Online Dictionary |
| Expressions | Domain | Definition | |
| Incurred but not reported | Insurance | Reserves at the end of an account period as connected to property, liability and pecuniary insurances to cover the expected cost of losses that have taken place but have not yet been reported to he insurer or reinsurer. Source: European Union. (references) | |
Source: compiled by the editor from various references; see credits. | Top | ||