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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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Financial services; General Finance
The book value of an asset after allowing for depreciation and amortization.
pull off
Sports; Bicycle & electric bicycle
to move to the side after riding in the lead so that another rider can come to the front.
Clad
Kitchen & dining; Cooking tools
Usually refers to the bonding of one metal to another, such as copper to stainless steel, in a way that takes advantage of the characteristics of both metals.
split offering
Financial services; General Finance
A municipal bond issue that is made up of serial bonds and term maturity bonds.
antiparticle
Astronomy; General astronomy
1) An elementary particle of opposite charge but otherwise identical to its partner. Most of the observable universe consists of particles and matter, as opposed to antiparticles ...
microspore
Plants; Flowers
In plants which are heterosporous, the smaller kind of spore is called a microspore; it usually germinates into a male (sperm-producing) gametophyte.