Mode of Premium Payment. Written by admin // June 23, 2011 // Insurance Glossary: E-M, Insurance Terms // Comments Off on Mode of Premium Payment. This is the frequency in which a policyowner elects to pay premiums. Frequency options are typically annual, semi-annual, quarterly and monthly on auto insurance policies.
Peso was a name given in Spain and particularly in Hispanic America to the 8-royal coin or real de a ocho, a large silver coin of the type commonly known as a thaler (dollar) in Europe.It had a legal weight of 27.468 g and a millesimal fineness of 930.5 (25.561 g fine silver).eso was a name given in Spain and particularly in Hispanic America to the 8-royal coin or real de a ocho, a large silver coin of the type commonly known as a thaler (dollar) in Europe.
DEFINITION of 'MXN (Mexican Peso)'. The currency abbreviation for the Mexican peso (MXN), the currency for Mexico. The Mexican peso is made up of 100 centavos and is often presented with the symbol $ or Mex$.The name peso comes from the Mexican word pesos, which means weights, and refers to gold or silver weights.Next Up.he Mexican peso is made up of 100 centavos and is often presented with the symbol $ or Mex$. The name peso comes from the Mexican word pesos, which means weights, and refers to gold or silver weights.