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Criminal law

In the field of finance, it is crucial to understand the concept of criminal law. This branch of law deals with actions that are considered harmful to society, such as rape, murder, and robbery. These transgressions are prosecuted by government authorities, and the offender may face penalties such as fines or imprisonment. It is essential to have a grasp of criminal law and its implications in the world of finance.

Last Birth Day (l.b.d)

Age at last birthday refers to the age of an individual at their most recent birthday. This term is commonly used in finance to calculate an individual's age for various pur...

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Alternative markets

Self-insurance is a financial strategy that involves setting aside funds to cover potential losses instead of purchasing traditional insurance. There are various mechanisms ...

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Group Life Insurance

Group life insurance is a type of coverage that provides financial protection for a group of individuals under a single policy. Unlike individual life insurance, group covera...

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Capacity

When considering insurance or life insurance, it is important to understand the concept of maximum coverage. This refers to the highest amount of insurance that can be purch...

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