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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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halve a match
Sports; Golf
This is also a match play term, and it means that both players have won the same number holes during the match.
unequal voting
Financial services; General Finance
These provisions limit the voting rights of some shareholders and expand those of others. Under time-phased voting, shareholders who have held the stock for a given period of time ...
fission
Energy; Nuclear energy
The splitting of atoms that results in the release of large amounts of energy. Two or three neutrons are usually released during this event. Fission occurs either naturally or ...
quadriceps
Sports; Bicycle & electric bicycle
the large muscle in front of the thigh, the strength of which helps determine a cyclist's ability to pedal with power.
Copper
Kitchen & dining; Cooking tools
The metal's ability to conduct heat evenly makes it especially effective for top-of-range cooking.
trickle down
Financial services; General Finance
An economic theory that the support of businesses that allows them to flourish will eventually benefit middle- and lower-income people, in the form of increased economic activity ...
