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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.

Implied warranties

In the realm of finance, there is a concept known as implied warranties. These are not explicitly stated in a contract, but rather inferred by the parties involved to be tru...

Unilateral contract

A legal agreement, like an insurance contract, where one party is obligated to fulfill promises that are legally binding. This type of contract is known as a unilateral cont...

Accidental Death Insurance

Accidental Death Insurance is a type of insurance that offers protection in the unfortunate case of death caused by accidental injuries. It does not cover death due to illne...

Consequential damage endorsement

Businesses often purchase insurance coverage to protect against potential losses. This coverage may include protection for losses that occur due to the failure of an insured...

Re-entry Option

In a renewable term life policy, there is an option that allows the policy owner to renew their coverage at the end of the term without having to provide evidence of insurab...

Graded Premium Policy

This particular type of whole life policy caters to individuals seeking a higher level of life coverage but are unable to afford it at the moment. It involves paying a low...

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Corporate Actions

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

Financial Instruments

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

Options and Futures

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

Property

The "Property" category in finance encompasses all aspects related to real estate and tangible asset

Financial Terms

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

Derivatives

All terms & concepts related to financial contracts whose value is based on an underlying asset,

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,

Fixed Income

Investments that provide regular, fixed payments, such as bonds and treasury bills.

Public Offerings

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

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