Central Loss Fund

Business, Legal & Accounting Glossary

  1. Home
  2. Glossary
  3. Define: Central Loss Fund

Definition: Central Loss Fund

Central Loss Fund
Cite Term
Sources

Full Definition of Central Loss Fund

A fund created by state insurance regulators to cover the claims of policyholders when an insurance company is no longer solvent. It is done through collecting assessments on different companies in the state. Each state has a unique operation of central loss funds.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/central-loss-fund/
Modern Language Association (MLA):
Central Loss Fund. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/central-loss-fund/.
Chicago Manual of Style (CMS):
Central Loss Fund. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/central-loss-fund/ (accessed: April 19, 2024).
American Psychological Association (APA):
Central Loss Fund. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/central-loss-fund/

Definition Sources

Definitions for Central Loss Fund are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.