156 definitions of TCS. Meaning of TCS. What does TCS stand for? TCS abbreviation. Define TCS at AcronymFinder.com
global trend noun [C]. âº a âgeneral âdevelopment or âchange in a âsituation that affects many countries of the âworld: The âgrowth of the bank's âwealth âmanagement âbusiness is âpart of a âglobal âtrend. (Definition of global trend from the Cambridge Business English Dictionary Â© Cambridge University Press). Browse.
The Towers Watson Global Medical Trends survey was conducted in September and October 2010, with responses from 170 medical insurers in 37 countries throughout Asia, Africa, Europe and the Americas. Globally, the average medical cost trend is expected to be 10.5 percent in 2011, the survey revealed. Respondents in Latin America and North America project the largest average medical trend for 2011 (13.7 percent and 11.6 percent, respectively). Only European respondents expect a single-digit average medical trend (9.1 percent) for 2011. The medical cost trend is expected to be 2.5 percentage points higher in emerging economies than in advanced economies. Additionally, virtually all respondents (95 percent) show a medical trend that is two or three times the rate of general inflation.