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Negligence

Negligence is the legal term used to describe the lack of care shown by an individual in carrying out their duties. This failure to meet the standard of care required can result in legal consequences. It is important to understand the concept of negligence as it is a crucial aspect in the world of finance. Let's delve deeper into this topic and explore its various implications.

Kidnap/ransom insurance

As students of finance, it's important to familiarize ourselves with the concept of coverage for ransom and extortion payments, along with related expenses. This type of ins...

In the realm of finance, there exists a concept known as transferred responsibility, where one individual may commit an act, but the liability is assigned to another party. ...

Weather insurance

Weather-related disruptions can have a significant impact on businesses, particularly those that rely on outdoor events. To mitigate these risks, businesses can opt for a ty...

Auto insurance coverage is a crucial aspect of personal finance, providing protection for drivers in case of accidents. One important type of auto insurance is known as no-f...

Group insurance

A group insurance policy is a type of coverage that encompasses a collective of individuals, typically employees from a single company or members of a particular association...

Contestable Clause

A key aspect of an insurance policy is the provision outlining the circumstances in which the insurer can challenge or invalidate the policy. This condition, known as a con...

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Technicals

All terms and concepts related to technical analysis in finance, which involves using historical pri

Fixed Income Instruments

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

Corporate Actions

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

Derivatives

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

Options and Futures

All terminologies and concepts related to financial derivatives, including options and futures contr

Commodity

All terms related to the basic goods used in commerce that are interchangeable with other goods of t

Gold

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

Market Entities

All terms related to various types of organizations or individuals, like investors, banks, insurers,

Insurance

All terms and concepts related to insurance, which is a financial arrangement that provides protecti

Loans

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

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