Calendar
131calendar year — noun a) The amount of time between the beginning of the first day of January and the end of the last day of December in the Gregorian calendar. (365 days, or 366 in a leap year.) b) The amount of time between corresponding dates in adjacent years …
132Calendar Year Experience — The underwriting result based on earned premiums and booked incurred losses for the same calendar year accounting period. This term is used in the insurance industry to signify an insurance company s experience during a calendar year, in terms of …
