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Insurance

Notice of loss

An essential document mandated by insurance companies following an accident or any other form of loss. This is a typical clause that outlines the policyholder's obligations in the event of a loss.

Annual statement

A financial statement, also known as an annual report, provides a comprehensive overview of an insurer or re-insurer's financial activities for a specific year. It typically...

Combustion is a chemical reaction that occurs when a substance rapidly combines with oxygen, resulting in the production of heat and light. This process is often accompanied ...

Occupational Hazard

Occupational hazard refers to a risk factor associated with a particular job that increases the chances of accidents, sickness, or even death. This can result in higher insu...

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 ...

This environment is the opposite of a sellers? market where insurance is scarce In the world of finance, we often hear the terms "buyers' market" and "sellers' market." Thes...

Long-term care insurance

In the world of finance, we often come across the term 'coverage' which refers to a form of protection provided under certain circumstances. Specifically, in the case of ski...

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Taxes

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

Stocks

All terms and concepts related to stocks, also known as equities, which represent ownership shares i

Mutual Funds

All terms and concepts related to mutual funds, which are investment vehicles that pool funds from m

Currency

All terms related to the system of money in general use in a particular country, representing a medi

Gold

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

Fixed Income Instruments

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

Derivatives

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

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

Property

The "Property" category in finance encompasses all aspects related to real estate and tangible asset

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