Experience

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Definition: Experience

Experience
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Full Definition of Experience

The record of loss belonging to an agent, insured, or another category. This term can also mean a statistic made up of the ratio of losses to premiums.

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/experience/
Modern Language Association (MLA):
Experience. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
May 19, 2024 https://payrollheaven.com/define/experience/.
Chicago Manual of Style (CMS):
Experience. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/experience/ (accessed: May 19, 2024).
American Psychological Association (APA):
Experience. PayrollHeaven.com. Retrieved May 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/experience/

Definition Sources

Definitions for Experience 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.