Private benefit


 

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Private benefit

The benefit to an individual economic agent, such as a consumer or firm, from an event, action, or policy change. Contrasts with social benefit.



Similar Matches

Private medical insurance

Private medical insurance

An insurance policy which provides cover for the cost of private medical treatment. The policy may be taken out personally or individuals may benefit from a company-wide policy taken out by their employer.


Private Mortgage Insurance

Private Mortgage Insurance

Insurance against a loss by a lender in the event of default by a borrower (mortgagor). The insurance is similar to insurance by a governmental agency such as FHA, except that it is issued by a private insurance company. The premium is paid by the borrower and is included in the mortgage payment.


Going private

Going private

When publicly owned stock in a firm is ../../finance-glossary/d with complete equity ownership by a private group. The firm is delisted on stock exchanges and can no longer be purchased in the open markets.


Private Mortgage Insurance (PMI)

Private Mortgage Insurance (PMI)

Policy protecting the holder against loss resulting from default on a mortgage loan.


Private letter ruling

Private letter ruling

A ruling by the IRS in response to a request for interpretation of a tax law.


Further Suggestions

Private label pass throughs
For sale by private treaty
Private limited partnership
private equity
Private Export Funding Corporation (PEFCO)
Private placement
Association of Private Client Investment Managers and Stockbrokers
Private purpose bond
Private market value (PMV)
Private cost
Private treaty
Private Medical Insurance


 
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