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Insurance

Retrospective rating

Risk premium adjustment, a technique allowing for the adjustment of the ultimate premium for a risk, with a predetermined upper and lower limit based on the real loss experience. This option is commonly utilized by major commercial insurance purchasers.

Contractual liability

As an expert in finance, it is crucial to understand the concept of liability in contractual agreements. These agreements outline the responsibility of specific parties to b...

Mortality table

The mortality table is a valuable tool used in the world of finance to determine the likelihood of death at different ages. It presents the number of deaths per thousand ind...

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...

Internet liability insurance

In today's digital age, businesses face numerous liabilities when conducting operations online. These include copyright infringement, defamation, and violation of privacy. T...

In case of death of the assignee, the benefits are transferred to the assignor. In the realm of finance, the assignee is the individual who receives the title, rights, and ...

Punitive damages

When a defendant is found to have acted in a grossly negligent manner, they may be assessed punitive damages as a way to set an example and discourage others from behaving s...

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Insurance

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

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

Taxes

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

Derivatives

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

Credit Cards

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

Corporate Actions

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

Market Entities

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

Technicals

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

Stocks

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

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