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Insurance

Optionally renewable

A policy that can be terminated by the insurer on the yearly anniversary date without any limitations. The insurer is free to cancel the policy at any time, as long as it falls on the anniversary date.

Average adjusters

In the realm of marine insurance, there exists a title known as a "claims adjuster." This term refers to individuals who specialize in assessing and determining the value of...

Activities of daily living

Long-term care insurance policies often include specific activities that must be impeded in order for the policyholder to receive payment. These activities, including eating...

Insurable interest

Insurance is a vital concept in the world of finance, with legal principles that govern its application. One such principle is the requirement for an insured individual to d...

Adverse selection

One concept in finance that is often overlooked is the phenomenon of adverse selection. This refers to the inclination of individuals who face higher risks to seek out more ...

Respondeat superior

In the world of finance, there exists a legal principle known as "vicarious liability" that holds a principal accountable for the actions of their agent. This means that the...

In the world of finance, there exists a spectrum of groups that are often overlooked or misunderstood. These include the unorganised sector, informal sector, economically vul...

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Commodity

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

Bank Deposits

All terms and concepts related to the placement of money in a bank account, including savings accoun

IPO

All terms and concepts related to the process in which a private company offers its shares to the pu

Technicals

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

Retirement Planning

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

Trading Terms

Trading Terms encompass terminology and phrases commonly used in financial markets, including terms

Credit Cards

All terms and concepts related to the use, features, and management of payment cards allowing users

Gold

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

Currency

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

Market Entities

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

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