Insurance

Contract

A contract is a legally binding agreement that involves a set of promises which can be enforced by law. This means that if one party fails to fulfill their promises, the other party has the right to seek legal remedies. It is a crucial concept in finance as it governs the relationships and transactions between individuals and businesses. Understanding the intricacies of contracts is essential for anyone involved in the world of finance.

Related terms

Surrender or Cash Value

Understand the meaning and definition of Surrender or Cash Value in the context of stock market, trading, and investments.

MORE
Annuity Certain

Understand the meaning and definition of Annuity Certain in the context of stock market, trading, and investments.

MORE
Theft insurance

Understand the meaning and definition of Theft insurance in the context of stock market, trading, and investments.

MORE
Profits insurance

Understand the meaning and definition of Profits insurance in the context of stock market, trading, and investments.

MORE
Peril

Understand the meaning and definition of Peril in the context of stock market, trading, and investments.

MORE
Occupational Hazard

Understand the meaning and definition of Occupational Hazard in the context of stock market, trading, and investments.

MORE
Open Free Demat Account!

Join our 3.5 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3.5 Cr+ happy customers