1. In investing, a rule that allows insurance companies to invest a small percentage of their assets without statutory restrictions. 2. In accounting, a clause that permits life and health insurers to keep a specific amount of their assets as nonauthorized assets that are not restricted in the same way as authorized assets.

Day in which a live birth occupies a bassinet in the hospital’s newborn nursery and is continuous since birth at the time the census is done for a report. The status of the mother does not affect this.