Residual markets,

Definition of Residual markets:

1. Markets that fall outside of the usual marketing methods used by an insurer, for example, government run programs.

Residual Markets,

Residual Markets Definition:

The insurance market is set up outside the usual insurance marketing channels to meet extraordinarily high or low risks. This market includes risk plans, aircraft groups, nuclear groups and some government insurance programs.

Literal Meanings of Residual Markets

Residual:

Meanings of Residual:

1. After deducting the remaining amount or agreeing on other matters.

2. This is left after the majority or the mob leaves.

Sentences of Residual

1. The risk of installing and removing too many programs is that they are often left behind.

2. Withdrawal of the remaining occupying power

Synonyms of Residual

leftover, unconsumed, unused, remaining

Markets:

Meanings of Markets:

1. Advertise or promote (some)

2. Regular meetings of people to buy and sell food, livestock and other products.

3. An area or environment in which business transactions take place.

Sentences of Markets

1. This product is marketed under the name "Aspirin".

2. They want to find a market

3. The UK market is in recession

Synonyms of Markets

vend, put up for sale, trade, retail, merchandise, peddle, hawk, sell, offer for sale