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Insurance
Insurance is a promise of compensation for specific potential future losses in exchange for a periodic payment. Insurance is designed to protect the financial well-being of an individual, company or other entity in the case of unexpected loss. Some forms of insurance are required by law, while others are optional. Agreeing to the terms of an insurance policy creates a contract between the insured and the insurer. In exchange for payments from the insured (called premiums), the insurer agrees to pay the policy holder a sum of money upon the occurrence of a specific event. In most cases, the policy holder pays part of the loss (called the deductible), and the insurer pays the rest. Examples include car insurance, health insurance, disability insurance, life insurance, and business insurance.
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altitude
Astronomy; General astronomy
The angular distance from the observer's horizon, usually taken to be that horizon that is unobstructed by natural or artificial features (such as mountains or buildings), ...
Steam Driven
Kitchen & dining; Cooking tools
An entry-level espresso machine. Water must first come to a boil before being forced through the grinds. Makes four shots of espresso at a time; then the machine must cool before ...
supervisory board
Financial services; General Finance
The board of directors that represents stakeholders in the governance of the corporation.
black hole
Astronomy; Galaxy
A black hole is the circular dark space that sits at the center of a galaxy which absorbs everything including light so nothing can be reflected or escaped from it. Around a black ...
Round Spoon
Kitchen & dining; Cooking tools
A stainless steel spoon with rounded base to help in lifting off gravy or other moist preparations.
super sinker bond
Financial services; General Finance
Usually a home financing bond, but also any other bond that has long-term coupons but short maturity; the mortgages may be prepaid, and the holders may receive the long-term yield ...