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    #1

    Post we had a seven cent spread on that

    Example.
    The insurance company would look at-for example, they would say, "Okay, we collected one dollar of premium, we paid out ninety-three cents, so we had a seven cent spread on that, which is not enough to pay for our overhead or our profit to our shareholders.

    Question.
    What's the mean of "spread" above sentence?


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    #2

    Re: we had a seven cent spread on that

    The have 7 cents left (gained, profited) on a dollar. Evidently, in this example, those seven cents of profit are not enough.

    (I'm not an English teacher).

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    #3

    Re: we had a seven cent spread on that

    I also know that you said.

    But it is not answer for my question.

    Still, I need more information in order to understand for my wondering.

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    #4

    Re: we had a seven cent spread on that

    A spread is the differewnce between two figures, in this case between the income and the expenses, which is not enough to cover costs.

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    #5

    Re: we had a seven cent spread on that

    a learner
    With a little help of my friend from the net (on-line dictionary) I am putting up these examples

    The fire spread fast for the wind.
    The rumour spread all over the city.

    The newspaper includes centre spread (two centre pages of the newspaper) which are opposite to each other and deal with a lot of pictures as well and only about one particular issue. (about the football championship, for example)

    The soldiers spread out so as not to be an easy target to the artilleries.

    Spread your wings!

    Please spread the word about the meeting we've arranged.

    After the outbreak the disease usually spreads like wildfire.

    We had a word about spread spectrum communication systems such as COFDM, CDMA etc.

    I haven't found the poster's example in the dictionary.
    Maybe it was wrong use even.
    Anyway I'm not used to using the word spread in such ways of meaning either to collect, to get, or to point to the difference between two figures or so.

    If something spreads it spreads all over the centre but, let me say, stohastically.

    After Tdol's post I could understand the possible meaning but I am not going to use it that way.


    Last edited by e2e4; 11-Jul-2008 at 10:22.

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    #6

    Re: we had a seven cent spread on that

    Quote Originally Posted by e2e4 View Post
    a learner
    With a little help of my friend from the net (on-line dictionary) I am putting up these examples

    The fire spread fast for the wind.
    The rumour spread all over the city.

    The newspaper includes centre spread (two centre pages of the newpaper) which are oposite to each other and deal with a lot of pictures as well and only about one particular issue. (about the football chamionship, for example)

    The soldiers spread out so as not to be an easy target to the artileries.

    Spread your wings!

    Please spread the word about the meeting we've arranged.

    After the outbreak the disease usually spreads like wildfire.

    We had a word about spread spectrum communication systems such as COFDM, CDMA etc.

    I haven't found the poster's example in the dictionary.
    Maybe it was wrong use even.
    Anyway I'm not used to using the word spread in such ways of meaning either to collect, to get, or to point to the difference between two figures or so.
    If something spreads it spreads all over the centre but, let me say, stohastically.

    After Tdol's post I could understand the possible meaning but I am not going to use it that way.


    In "http://www.dictionary.com", you can see the poster's example like below.

    25. Finance.
    a. the difference between the prices bid and asked of stock or a commodity for a given time.
    b. a type of straddle in which the call price is placed above and the put price is placed below the current market quotation.
    c. the difference between any two prices or rates for related costs: the widening spread between lending and borrowing costs.
    d. Stock Exchange. a broker's profit or the difference between his or her buying and selling price.
    e. any difference between return on assets and costs of liabilities.

    Thanks Tdol. I absolutely understood.

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