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.
The Mexican Peso is the currency of Mexico; its symbol and code are $ and MXN. The most important currencies' exchange rates for Mexican Pesos (Jan 2017) are: Mexican denominations include 0.05 (five cents or centavos), 0.10, 0.20 , 0.50, 1, 2, 5, 10 and 20 coins as well as 20, 50, 100, 200, 500 and 1000 bank notes.