In cases where the sale of the home is not enough to pay back the reverse mortgage, the insurance protects the borrower or estate from owing more than the sale
price by covering losses incurred by the lender.
Not exact matches
But be warned: ranges get broken, so you would be wise to consider placing a sell stop limit (to
cover your long position on an unexpected fall through your buying
price) and a buy stop limit (to
cover your short position on an unexpected rise through your selling
price) to protect yourself from
losses caused
by wild
price movements.
The per - Share number of Bitcoins exchanged for a purchase or redemption is calculated daily
by the Trustee, using the Blended Bitcoin
Price, or such other publicly available price as the Sponsor may deem fairly represents the commercial value of the Trust's Bitcoins, for the Bitcoins being valued to calculate the Bitcoin amount in respect of any liabilities for which covering Bitcoins sales have not yet been made, and represents the per - Share number of Bitcoins held by the Trust, after giving effect to its liabilities, sales to cover expenses and liabilities and any losses that may have occu
Price, or such other publicly available
price as the Sponsor may deem fairly represents the commercial value of the Trust's Bitcoins, for the Bitcoins being valued to calculate the Bitcoin amount in respect of any liabilities for which covering Bitcoins sales have not yet been made, and represents the per - Share number of Bitcoins held by the Trust, after giving effect to its liabilities, sales to cover expenses and liabilities and any losses that may have occu
price as the Sponsor may deem fairly represents the commercial value of the Trust's Bitcoins, for the Bitcoins being valued to calculate the Bitcoin amount in respect of any liabilities for which
covering Bitcoins sales have not yet been made, and represents the per - Share number of Bitcoins held
by the Trust, after giving effect to its liabilities, sales to
cover expenses and liabilities and any
losses that may have occurred.
Once home
prices started to fall, sometimes from overheated speculation
by those who thought home
prices would continue going up, purchasers had to sell off their mortgages at a
loss (or go into default) in order to
cover their
losses.
One reason for the high
price of sodium in this country is an extra charge to
cover losses by shipment.»
One negative of this strategy is that if your stocks rise
by more than 5 % in 1 month then you will either have to buy the options back (potentially at a
loss) or let the stock get called away (in which case you've still made at least 5 % on that position for that month but have forfeited any gains above the strike
price (see
Covered Calls For Dummies for more info).
The
covered call writer's position will begin to suffer a
loss if the stock
price declines
by an amount greater than the call premium received.
First, if the firm is
covered by the Securities Investor Protection Corporation (SIPC), and most are, the bond is protected against
loss — that is, against physical
loss of the certificate — not against a decline in
price due to market conditions.
In the scenario where the stock
price drops significantly, with the
covered call some of the
loss is offset
by the premium you keep from selling the call.
If decided that your car is a total
loss and the cause of
loss is
covered by your policy, the insurer will pay the current fair market
price for that particular vehicle.