insure+against
111Fresh fish — In food preparation, curing refers to various preservation and flavoring processes, especially of meat or fish, by the addition of a combination of salt, sugar and nitrate and/or nitrite. Many curing processes also involve smoking. The etymology… …
112Howard Staley — Dr. Howard Staley, (born March 23, 1955) is a Doctor of Podiatric Medicine [D.P.M.] and Surgery and a Chatham County, North Carolina Democrat, who announced on January 17, 2008 that he would join the race for United States Senate in North… …
113interest rate cap — Under a cap arrangement, the seller of the cap will make payments to the buyer if interest rates rise above an agreed rate. The payment to be made is calculated by reference to a notional principal sum over an agreed term. In return, the buyer… …
114Audit Risk — The risk that an auditor will not discover errors or intentional miscalculations (i.e. fraud) while reviewing a company s or individual’s financial statements. There are two general categories of audit risk – risk regarding assessment …
115First-Loss Policy — A type of property insurance policy that provides only partial insurance. In the event of a claim, the policyholder agrees to accept an amount less than the full value of damaged, destroyed or stolen items/property. In return, the insurer agrees… …
116Perfect Hedge — A position undertaken by an investor that would eliminate the risk of an existing position, or a position that eliminates all market risk from a portfolio. In order to be a perfect hedge, a position would need to have a 100% inverse correlation… …
117claims arising — When insurance is taken out, it will be necessary to agree and appreciate precisely the period covered, including whether you wish pre policy cover and whether you wish to insure against claims made during the period of insurance or claims based… …
118claims made — When insurance is taken out, it will be necessary to agree and appreciate precisely the period covered, including whether you want pre policy cover and whether you wish to insure against claims made during the period of insurance or claims based… …
119retrospective cover — When insurance is taken out, it will be necessary to agree and appreciate precisely the period covered, including whether you wish pre policy cover and whether you wish to insure against claims made during the period of insurance or claims based… …
120workers' compensation — money paid to an employee to compensate for injuries received in connection with their work. All employers must insure against claims for this kind of compensation. Glossary of Business Terms * * * workers compensation UK US noun [U] also… …
