Accountancy, asked by parinita1559, 11 months ago

what is loans adjustment

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Answered by snehakakrania13
0

Answer:

Loss adjustment expense is the cost borne by the insurer at the time of settling claims. Description: Insurers need to prove the veracity of the event that has caused the insured to ask for claim. ... Allocated loss adjustment expenses: These are the expenses incurred for a specific claim settlement.

Answered by Anonymous
14
Loan adjustment is a change made to the terms of an existing loan by a lender .
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