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Insurance

Cancelable

A health policy with the possibility of being terminated by the insurer at their discretion, without any specific reason required.

In the world of finance, there exists a term known as "additional sum". This term refers to an amount of money that is equivalent to the sum assured and is paid out when a c...

Joint and several liability

In the realm of law and finance, there exists a principle known as joint and several liability. This doctrine grants the plaintiff the ability to seek full compensation from...

Unplanned retention

Risk-taking is a fundamental aspect of finance, and it involves recognizing and accepting potential risks. However, the concept of implicit risk refers to a situation where ...

Third-party Owner

In the world of finance, it is important to understand the distinction between a policy owner and a prospective insured. While these terms may seem interchangeable, they hol...

Estate planning is a crucial aspect of financial management that involves determining how one's assets will be distributed after their passing. In cases where a will is not ...

Pain and suffering damages

As we delve into the world of finance, it is important to understand the concept of non-economic damages. These damages are specifically intended to compensate the injured p...

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Gold

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

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

Commodity

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

Insurance

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

Options and Futures

All terminologies and concepts related to financial derivatives, including options and futures contr

Mutual Funds

All terms and concepts related to mutual funds, which are investment vehicles that pool funds from m

Public Offerings

All terms related to a company selling its shares or bonds to the public for the first time (IPOs) o

IPO

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

Fixed Income Instruments

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

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