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Sym Syn Sys

Syndicate stamp

A document setting out the names of, and share taken by, the members of a Lloyd’s syndicate. It defines the constitution of the syndicate for each of account and must be year registered at Lloyd’s.

Syndicate, Lloyd’s

A group of Lloyd’s Underwriting members (Names) who jointly offer their security for risks accepted on their behalf by an active Underwriting agency. Each name in the syndicate has an individual liability and is not responsibility for the liabilities of his fellow members.

Syntax

Rules And Conventions That One Needs To Know Or Follow In Order To Validly Record Information, Or Interpret Previously Recorded Information, For A Specific Purpose. Thus A Syntax Is Sentence Structure And Language Rules—Grammar. Such Rules And Conventions May Be Either Explicit Or Implicit. In X12 Transactions The Data-Element Separators, Subelement Separators, Segment Terminators, Segment Identifiers, Loops, Loop Identifiers (When Present), Repetition Factors, And So On Are All Aspects Of The X12 Syntax. When Explicit, Such Syntactical Elements Tend To Be The Structural, Or Format-Related, Data Elements That Are Not Required When A Direct Data Entry Architecture Is Used. Ultimately, Though, There Is Not A Perfectly Clear Division Between The Syntactical Elements And The Business Data Content.

System of check

System used by an insured to check on the work, honesty and accuracy of persons whose fidelity is insured under a fidelity guarantee insurance. Under a positions policy, individuals are not identified so the system of check on procedures and supervision becomes the key underwriting factor.