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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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absorption edge
Astronomy; General astronomy
Sudden rises superposed on the smooth decrease of the curve of the attenuation coefficient, which cause the curve to have a typical sawtooth aspect. They generally occur at the ...
blind
Entertainment; Gambling
In poker, the amount of money which has to be put into the pot by each player to participate in the hand. This should be paid before the window cards have been played.
calibration
Advertising; Billboard advertising
Measuring and adjusting both the color and the intensity of individual pixels to ensure image consistency across the entire display.
available quantity
Retail; Others
The quantity of an item that is currently available for sale. Generally, the available quantity is equal to the on-hand quantity minus any quantities set aside for open orders.
