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The meaning of leakage is the act or process or an instance of leaking See examples of leakage used in a sentence. How to use leakage in a sentence.
In economics, a leakage is a diversion of funds from some iterative process A crack or hole through which liquid or gas escapes. Leakage is an economic term that describes capital or income that escapes an economy or system in the context of a circular flow of income model
It results in a gap between supply and demand.
The act of leaking or the leak itself Making known secret information 3 Leakage occurs when there is a withdrawal of money from the economy that results in a reduction of the national income Sources of leakages include taxes, savings, and imports
A leakage reduces the money available for consumers and businesses to purchase and manufacture goods and services. Leak and leakage are two terms that are often used interchangeably, but they have slightly different meanings A leak is typically a small hole or opening through which a substance, such as water or gas, escapes Leakage, on the other hand, refers to the process of leaking or the amount of substance that has leaked.
Leakage is premium revenue that is lost, often because a policyholder has not been truthful about facts or lifestyle changes or has committed some fraud
Leakage arising from fraud, poor claims procedures, or simply from lack of proper control procedures costs insurers millions of dollars every year. Leakage is a term used in economics to describe the outflow or loss of income from a system or economy It refers to the portion of income that is saved, taxed, or used to pay for imports, rather than being spent within the domestic economy.
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