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closed |
Also found in: Dictionary/thesaurus, Legal, Idioms, Wikipedia, Hutchinson | 0.03 sec. |
closedWith regard to a switch, closed is "on." Open is "off." See close. closed 1. (of a hunting season, etc.) close 2. Maths a. (of a curve or surface) completely enclosing an area or volume b. (of a set) having members that can be produced by a specific operation on other members of the same set How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Prudential and MONY securitized closed books of business that arose from their demutualizations, said Mike Millette, managing director of risk markets for investment banker Goldman Sachs. Given that Scottish Widows is the UK's primary life insurance brand, it became the sole brand for all distribution channels," he explains, "and no new business was written in the other two, making them closed books. In parallel, we will work with our clients to create new business processing services, based on NaviSys technology and Accenture's global sourcing assets, to help life insurers reduce operating costs on closed books of business and on open books. |
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