OGRA denied recovering additional premium from petrol consumers.
What does AP stand for?
AP stands for Additional Premium
This definition appears very frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of AP
We have 193 other meanings of AP in our Acronym Attic
- Activation Product
- Active Participation (teaching style; also policy framework)
- Active Patriot
- Activity Package
- Acupuncture Physician
- Acute Pain
- Adaptation Period
- Adapter Panel
- Add Packed (IBM)
Samples in periodicals archive:
Variable life has some significant disadvantages, including the potential of forced payment of additional premiums to keep the contract in force, inflexibility of the underlying investment vehicle(s), and insurance rates that may not be competitive.
However, an additional premium will be paid over the first five years to enable the new treatment centres to offset the extra costs they incur, as a result of speedy set-up and rapid staff acquisition demanded in the interests of patients.
The insurers will be able in charge an additional premium for the coverage.
Sometimes this additional premium cost is greater than the after-tax cost of deducting the out-of-pocket costs of the casualty.