Medi Assist Healthcare IPO

Explore
Open Demat Account Login
Finance Wiki
Trending Categories
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
#

Insurance

General average clause

In the world of finance, we often come across terms that may seem confusing or unfamiliar. One such term is the "general average clause" in ocean marine insurance. This clause requires parties other than the insured to share in the losses suffered by the insured due to the voluntary and necessary sacrifice of freight caused by shipping perils. It is important to understand this term as it can have a significant impact on the insured's financial protection. Let's delve deeper into what this clause entails.
Explore other categories
IPO
All terms and concepts related to the process in which a private company offers its shares to the pu
Learn More
All terms and concepts related to insurance, which is a financial arrangement that provides protecti
Learn More
Investments that provide regular, fixed payments, such as bonds and treasury bills.
Learn More
All terms and concepts related to stocks, also known as equities, which represent ownership shares i
Learn More
All terms & concepts related to financial contracts whose value is based on an underlying asset,
Learn More
All terms and concepts related to borrowing money, including different types of loans, interest rate
Learn More
All terminologies and concepts related to financial derivatives, including options and futures contr
Learn More
Terms related to decisions and events initiated by a company that can impact its stock, such as divi
Learn More
A comprehensive resource containing definitions and explanations of terms, concepts, and jargon used
Learn More
All terms related to investments like bonds or treasury bills that provide regular, fixed payments,
Learn More
Enjoy Zero Brokerage On Stock Investments
Send App Link