Skip to main content
Insurance

Positive act

One common term used in the world of finance is "tort," which refers to an action that can potentially cause harm or injury to another person or their property. This term is often used in the context of lawsuits and legal proceedings. Essentially, a tort is any action that results in harm or damage, whether intentional or unintentional. It's important to understand this term as it can have significant implications in the financial world and can help individuals protect themselves from potential legal consequences.

Related terms

All-risk agreement

Understand the meaning and definition of All-risk agreement in the context of stock market, trading, and investments.

MORE
Dynamic risks

Understand the meaning and definition of Dynamic risks in the context of stock market, trading, and investments.

MORE
Underinsurance

Understand the meaning and definition of Underinsurance in the context of stock market, trading, and investments.

MORE
Single Premium Policy

Understand the meaning and definition of Single Premium Policy in the context of stock market, trading, and investments.

MORE
Property coverages

Understand the meaning and definition of Property coverages in the context of stock market, trading, and investments.

MORE

Open Free Demat Account!

Join our 3.5 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS

Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store

Open Free Demat Account!

Join our 3.5 Cr+ happy customers
+91