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The Finance Act of 2006 deemed investment-grade gold bullion can be held in a SIPP, because it is instantly priceable and traded in a deeply liquid market.
"There is a school of thought, however, that a true zero-carbon rating on a highvolume developable scale is not even technically possible or priceable at the moment.
Which brings me to still another reason Tiger's worth more than me: he produces a product that's utterly unimportant--totally useless in fact--yet eminently priceable. Whoa--I said "useless," not "valueless." In fact, since they don't have to have it, people will only pay exactly what they wish for a product without use.
"We write the policy to exclude all those scenarios that are not priceable, such as moral hazards." That leaves a finite set of exposures and, even though a reception hall's financials haven't been underwritten, the exposure remains remote enough that we are generating sufficient premiums for the anticipated loss frequency, he said.
The first is based on broad categories resulting in a premium-like PMPM; the second is based on discrete clinical processes of care, resulting in a priceable medical product, such as $5,000 for an obstetrical episode or $30,000 for a coronary artery bypass graft (CABG) procedure.
[] Priceable: Good tax products carry set prices, allowing the client to instantly weigh costs and benefits.