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.
Cuban state workers receive a portion of their wages in convertible pesos, the rest in national pesos. Shops selling basics, like fruit and vegetables, generally accept only the normal peso, while dollar shops sell the rest. The word pesos may refer to both non-convertible and convertible money.uban state workers receive a portion of their wages in convertible pesos, the rest in national pesos. Shops selling basics, like fruit and vegetables, generally accept only the normal peso, while dollar shops sell the rest. The word pesos may refer to both non-convertible and convertible money.