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Insurance

Annuity units

An essential metric utilized in the assessment of a variable annuity while it is being distributed to the recipient. The value of each unit is subject to change in accordance with the performance of an investment portfolio. This factor plays a crucial role in determining the eventual payout to the annuitant.

Political risk insurance

. Businesses operating in foreign countries face the risk of political upheaval, including war, revolution, or confiscation of property. This risk can have a significant imp...

The concept of "retained risk" refers to the level of risk that an insurance company is willing to take on without seeking protection through reinsurance. In other words, it...

Other insurance clauses

In the world of finance, it is essential to understand the clauses found in indemnity contracts and valued contracts. These clauses often limit the liability of the insurer i...

As an expert in finance, it is crucial to understand the concept of fire confinement. This refers to the containment of a fire within a designated area such as a boiler or s...

Alternative dispute resolution (ADR)

When faced with a dispute, there are alternatives to the traditional route of heading straight to court. These methods, known as alternative dispute resolution (ADR), can pr...

Comprehensive coverage

Let's discuss a crucial aspect of auto insurance - comprehensive coverage. This segment of your policy safeguards your vehicle against damages that do not involve a collisio...

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Corporate Actions

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

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,

Stocks

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

Market Entities

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

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

Insurance

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

Financial Instruments

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

Trading Terms

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

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