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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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node

Biology; Flowers

The region of a stem between two internodes, where there is branching of the vascular tissue into leaves or other appendages.

paddle

Entertainment; Gambling

Plastic device used by dealers to move chips around the table.

full bleed

Office equipment; Copiers

An image that covers right to the edge of a sheet with no borders or margins. Typically you must print on a larger sheet and then trim the page.

incomplete pass

Sports; Football

a forward pass that touches the ground before being caught.

Quito

Geography; Capitals

capital of Ecuador

syndication

Financial services; Venture capital

The process whereby a group of venture capitalists will each put in a portion of the amount of money needed to finance a small business.

foul ball

Sports; Baseball

A foul ball is a ball that has been hit and lands in foul territory between home and first base, or between home and third base. A foul ball is also any ball that bounds past ...

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