Insurance

Mediation

Mediation is a nonbinding process that involves a neutral third party who works towards resolving a dispute between two conflicting parties. This method is commonly used in finance to prevent conflicts from escalating into costly legal battles. The mediator's role is to facilitate communication and help the parties come to a mutually acceptable resolution. This approach allows for a more amicable and efficient resolution, saving time, money, and preserving relationships.

Related terms

Human life value

Understand the meaning and definition of Human life value in the context of stock market, trading, and investments.

MORE
Immediate annuity

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

MORE
Concealment

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

MORE
Auto insurance premium

Understand the meaning and definition of Auto insurance premium in the context of stock market, trading, and investments.

MORE
Flood

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

MORE
Ordinary life insurance

Understand the meaning and definition of Ordinary life insurance 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

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3.5 Cr+ happy customers