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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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espresso beans
Beverages; Coffee
Espresso is usually derived from a certain type of coffee bean; Coffea arabica commonly known as Arabica, but the other variety, Robusta, is also used in some espresso blends. ...
halve a hole
Sports; Golf
This term is used in match play, and it simply means that there was a tie. Both players got the same score on a hole.
discipline
Business services; Human resources
The processes for dealing with employee behavior which does not meet organizational standards.
unencumbered
Financial services; General Finance
Property that is not subject to any claims by creditors. For example, securities bought with cash instead of on margin and homes with mortgages paid off.
W-type bottom
Financial services; General Finance
A double bottom pattern in a price history that looks like the letter W. See: Technical analysis.