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.
Peso bills come in 10, 20, 50, 100, 200 and 500 denominations. The bills are different colors and easy to tell apart. 1,2, and 5 peso coins are round-silver with a golden center. 10 and 20 peso coins are also round, but golden on the outside. Each smaller denomination round peso coin is physically smaller than higher denomination coins.