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Insurance

Secondary Beneficiary

A backup recipient designated to receive funds, typically in case the primary recipient passes away before the policyholder.

Primary company

Reinsurance, a common practice in the insurance industry, refers to the transfer of risk from one insurance company to another. The reinsurer, often a larger and more financ...

In the world of finance, there exists a spectrum of groups that are often overlooked or misunderstood. These include the unorganised sector, informal sector, economically vul...

When an individual entrusts their personal property to someone else, it is known as a bailment. This can occur in various scenarios, such as when you leave your car at a val...

When considering insurance or life insurance, it is important to understand the concept of maximum coverage. This refers to the highest amount of insurance that can be purch...

In the world of finance, a company's estimated expenditure on claims is known as its loss reserve. This reserve is an important indicator of a company's financial health and...

Liability insurance

Insurance is a contract between a policy-holder and an insurance company where the former agrees to pay a premium in exchange for coverage in case of any financial losses du...

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Retirement Planning

All terms and concepts related to the process of saving and investing to ensure financial security a

Public Offerings

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

Gold

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

IPO

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

Options and Futures

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

Financial Terms

A comprehensive resource containing definitions and explanations of terms, concepts, and jargon used

Commodity

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

Stocks

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

Technicals

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

Market Entities

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

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