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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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Spatula
Kitchen & dining; Cooking tools
A flat spoon of a definite shape made of plastic or rubber widely used in bakery for the purpose of mixing ingredients and for smoothening the surface.
self-employment tax
Financial services; General Finance
A tax self-employed people must pay to qualify them to receive Social Security benefits at retirement.
aphelion
Astronomy; General astronomy
For an object orbiting the sun, the point (distance and time) where/when the object is furthest from the sun in its elliptical orbit.
blasting circuit
Energy; Coal
An electric circuit that is used to detonate a primary explosive in a blasting cap.
