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Insurance

Insurance Description Description Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier or underwriter. What is insurance mean? Insurance  is a contract, represented by a policy, in which an individual or entity receives financial protection or reimbursement against losses from an  insurance  company. The company pools clients' risks to make payments more affordable for the  insured . Insurance  is a term in law and economics. It is something people buy to protect themselves from losing money. ... In exchange for this, if something bad happens to the person or thing that is  insured , the company that sold the  insurance  will pay money back. Insurance  uses probability and the law of large numbers to determine the cost of  insurance  premiums it charges its clients based on var

GAS / ELECTRICITY

Gas is one of the four fundamental states of matter. A pure gas may be made up of individual atoms, elemental molecules made from one type of atom, or compound molecules made from a variety of atoms. A gas mixture, such as air, contains a variety of pure gases.. Gas  is a state of matter that has no fixed shape and no fixed volume.  Gases  have lower density than other states of matter, such as solids and liquids. There is a great deal of empty space between particles, which have a lot of kinetic energy. ... The particles exert more force on the interior volume of the container. xamples of gases are oxygen at room temperature (approximately 20 ºC or 68 ºF),  hydrogen  at room temperature, and water at standard atmospheric pressure and a temperature above 100 ºC or 212 ºF. When a sample of matter in the gaseous state is heated, the atoms or molecules gain kinetic energy and move more rapidly. Examples of Gas Hydrogen (H) Nitrogen (N) Oxygen (O) Fluorine (F) Chlorine (Cl) Helium (He) Neo

MORTGAGE

A  mortgage  is a debt instrument, secured by the collateral of specified real estate property, that the borrower is obliged to pay back with a predetermined set of payments. A  mortgage  payment is typically made up of four components: principal, interest, taxes and insurance. The Principal portion is the amount that pays down your outstanding loan amount. Interest is the cost of borrowing money. The amount of interest you pay is determined by your interest rate and your loan balance. mortgage . ...  Mortgage  is a loan taken to purchase property and guaranteed by the same property. An  example  of a  mortgage  is the loan you took out when you bought your house.

lawyer

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A  lawyer  or  attorney  is a person who  practices law , as an  advocate ,  attorney at law ,  barrister ,  barrister-at-law ,  bar-at-law ,  canonist , canon lawyer,  civil law notary ,  counsel , counselor, counsellor,  solicitor ,  legal executive , or  public servant  preparing, interpreting and applying law, but not as a  paralegal  or charter  executive secretary . [1]  Working as a lawyer involves the practical application of abstract legal theories and knowledge to solve specific individualized problems, or to advance the interests of those who hire lawyers to perform legal services. The role of the lawyer varies greatly across different legal jurisdictions. [

conference call

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A  conference call  is a  telephone call  in which someone talks to several people at the same time. The conference call may be designed to allow the  called party  to participate during the call or set up so that the called party merely listens into the call and cannot speak. It is sometimes called  ATC  ( audio teleconference ). Conference calls can be designed so that the calling party calls the other participants and adds them to the call; however, participants are usually able to call into the conference call themselves by dialing a telephone number that connects to a "conference bridge," which is a specialized type of equipment that links telephone lines. Companies commonly use a specialized service provider who maintains the conference bridge, or who provides the phone numbers and PIN codes that participants dial to access the meeting or conference call. These service providers can often dial-out to participants, connecting them to call and introducing them to the part

CREDIT

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Credit is the ability to borrow money or access goods or services with the understanding that you'll pay later. Lenders, merchants and service providers (known collectively as creditors) grant credit based on their confidence you can be trusted to pay back what you borrowed, along with any finance charges that may apply. To the extent that creditors consider you worthy of their trust, you are said to be creditworthy, or to have "good credit." What Is Credit? How do you define credit? This term is broad with many different meanings in the financial world. Credit is generally defined as a contractual agreement in which a borrower receives something of value now and agrees to repay the lender at a later date—generally with interest. Sometimes, it may even involve crediting a 401(k), for instance. Credit also refers to the creditworthiness or  credit history  of an individual or company. It also refers to an accounting entry that either decreases assets or increases liabiliti