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Insurance

Conditionally renewable

An insurance policy with the flexibility to be terminated or have its premiums increased by the insurer on a designated date, contingent upon predetermined reasons outlined in the policy.

Outstanding debt

Debt is a financial term that refers to the amount of money owed by an individual to their creditors or lenders. In the context of insurance, outstanding debt specifically p...

Vicarious liability laws

In the world of finance, there are certain laws that hold individuals or businesses responsible for the actions of others. For example, parents may be held liable for the ac...

A will is a legal document that outlines a person's final wishes regarding their assets and property. It is crucial for individuals to have a valid will in place to ensure t...

Commercial umbrella

A liability policy is a crucial tool in the world of finance, specifically designed to protect against catastrophic losses. It is a form of risk management that shields indi...

Underwriting income

An important concept in the world of finance is the insurer's profit, which refers to the amount earned after all expenses and losses have been covered through the sale of i...

Straight deductible

In the realm of finance, there exists a concept known as a deductible. This is a fixed amount that is applicable to every loss and is deducted before any loss payment is dis...

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Fixed Income Instruments

All terms related to investments like bonds or treasury bills that provide regular, fixed payments,

IPO

All terms and concepts related to the process in which a private company offers its shares to the pu

Retirement Planning

All terms and concepts related to the process of saving and investing to ensure financial security a

Public Offerings

All terms related to a company selling its shares or bonds to the public for the first time (IPOs) o

Gold

All terms and concepts related to the precious metal gold, including its price, trading, investment,

Corporate Actions

Terms related to decisions and events initiated by a company that can impact its stock, such as divi

Loans

All terms and concepts related to borrowing money, including different types of loans, interest rate

Taxes

All terminology and concepts related to various tax types, tax laws, and taxation principles.

Derivatives

All terms & concepts related to financial contracts whose value is based on an underlying asset,

Financial Terms

A comprehensive resource containing definitions and explanations of terms, concepts, and jargon used

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