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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.

Insuring agreement

Insurance policies have a crucial component called the insuring agreement. This section outlines the responsibilities of the insurer and the terms under which they are bound ...

Financial uncertainties can be categorized as either pure or speculative. Pure uncertainties arise from a society that remains unchanged and in a state of stable equilibrium...

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. ...

In the realm of finance, there exists a term known as "catastrophe". This term is commonly used for statistical purposes to denote a single event or a string of closely linke...

Cost-of-living rider

An endorsement is a change or addition to an insurance policy that modifies the coverage or terms of the original policy. One type of endorsement that may be relevant in the...

Fixed-amount option

Life insurance can provide financial security for your loved ones after your passing. One option is to receive the proceeds in fixed periodic payments. This allows the benef...

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Commodity

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

Fixed Income Instruments

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

Retirement Planning

All terms and concepts related to the process of saving and investing to ensure financial security a

Financial Terms

A comprehensive resource containing definitions and explanations of terms, concepts, and jargon used

Derivatives

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

Currency

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

Technicals

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

Market Entities

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

Loans

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

Financial Instruments

Legal contracts that represent financial value, such as stocks, bonds, options, futures, and various

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