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.
Mexico, Currency. The peso is the unit of currency of Mexico. The symbol used for the peso is $, which is sometimes annotated Mex$ to distinguish from U.S. dollars, while the 100 centavos into which it is divided are represented by Â¢. The current ISO 4217 code for the Mexican peso is MXN; prior to the 1993 revaluation (see below), the code MXP was used.