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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.

Vandalism

Vandalism is a term used to describe the intentional destruction or damage of someone else's property. This can take many forms, from graffiti on walls to breaking windows o...

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Spread-of-loss treaty

Reinsurance is a crucial concept in the world of finance, and one type that we will explore today is known as "aggregate stop-loss reinsurance." This involves spreading out ...

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Estate taxes

In finance, we often encounter the term "property taxes." This refers to the taxes paid by the policyholder on their fixed assets, such as buildings, land, plant and machine...

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Term

It can be for a specific period of time or for a lifetime Insurance coverage is typically provided for a defined period known as a term. This period could be for a set numb...

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