Credit Funds
refer to the monetary funds accumulated and distributed in the means of credit
by the financial institutions. The sources of credit funds include various
deposits, financial bonds, liabilities to international financial institutions,
currency in circulation, other items. The uses of
credit funds include loans, securities and investment, position for bullion and
silver purchase, position for foreign exchange purchase, advances to treasury,
and assets with international financial institutions.
Deposit
is a form of credit by which enterprises, institutions, organizations or
households can put money into banks and other credit institutions for
safekeeping and interest earning under the principle of free withdrawal.
According to different depositors, deposits are divided into enterprise
deposits, treasury deposits, urban and rural savings deposits, rural deposits,
entrust and other deposits. Deposits are major sources of credit funds of
banks.
Loan
is a form of credit by which banks and other credit institutions provide
funds at certain interest rate to enterprises and individuals in the light of
the principle of unconditional repayment. Loans from Chinese banks include
industry loans, agriculture loans, commerce loans, construction loans, loans to
private and individuals, township enterprises loans, medium & long term
loans, entrust and other loans.
Insurance Companies
refer to commercial insurance companies of various forms registered by law and
established in
Amount Insured
refers to the maximum that the insurant will get for the claim of the case
insured.
Premium
is the fee paid by the insurant to the insurer to obtain the obligation of
compensation from the insurance within the agreed terms.
Settled Claim
is the compensation paid by the insurer to insurant in accordance with the
insurance contract.
Payment
includes payment for death, injury or medical treatment and mature payment.
Payment for death, injury or medical treatment refers to the money paid to
insurant (or the beneficiary) in accordance with the life or health insurance
contract when the insurant encounters accidents within the insured period
covered in the contract. Mature payment refers to the mature payment to the
insurant in accordance with the life insurance contract at the end of the
insured period.
Insurance Density
refers to per capita premiums which is based on permanent resident population.
Insurance Depth
refers to the proportion of premiums to gross domestic product.