NRS 691C.120 – “Experience” defined.
“Experience” means earned premiums and incurred losses during the experience period. (Added to NRS by 2005, 2106)
NRS 691C.130 – “Experience period” defined.
“Experience period” means the most recent period of time that is not more than 3 years and for which earned premiums and incurred losses are reported. (Added to NRS by 2005, 2106)
NRS 691C.140 – “Finance charge” defined.
“Finance charge” means any charge payable directly or indirectly as an incident to or condition of an extension of credit, including, without limitation, interest, time-price differentials, amounts payable under a discount system of additional charges, service, transaction or carrying charges, loan fees, points or similar charges, appraisal fees or charges incurred for investigating the creditworthiness […]
NRS 691C.150 – “Gross debt” defined.
“Gross debt” means the sum of the remaining payments owed to a creditor by a debtor. (Added to NRS by 2005, 2107)
NRS 691C.160 – “Identifiable charge” defined.
“Identifiable charge” means a charge for credit personal property insurance that is made to debtors who have that insurance and not made to debtors who do not have that insurance. The term includes a charge for insurance that is disclosed in the credit agreement or other instrument furnished to the debtor which sets forth the […]
NRS 691C.070 – “Credit transaction” defined.
“Credit transaction” means any transaction for which the terms of repayment of money loaned or loan commitment made, or payment of goods, services or properties sold or leased, is to be made at a future date. (Added to NRS by 2005, 2106)
NRS 691C.080 – “Creditor” defined.
“Creditor” means the lender of money or vendor or lessor of goods, services, property, rights or privileges for which payment is arranged through a credit transaction, and includes: 1. The successor to the right, title or interest of; 2. An affiliate, associate or subsidiary of; 3. Any director, officer or employee of; or 4. Any […]
NRS 691C.090 – “Creditor-placed insurance” defined.
“Creditor-placed insurance” means single-interest insurance or dual-interest insurance that is purchased by the creditor, as the named insured, after a credit transaction: 1. According to the terms of the credit agreement as a result of the debtor’s failing to provide required insurance, the cost for which is charged to the debtor; and 2. For coverage […]
NRS 691C.010 – Definitions.
As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 691C.020 to 691C.230, inclusive, have the meanings ascribed to them in those sections. (Added to NRS by 2005, 2105)
NRS 691C.020 – “Closed-end credit” defined.
“Closed-end credit” means a credit transaction that is not open-end credit. (Added to NRS by 2005, 2105)