ABANDONMENT CLAUSE
In a property insurance contract, it is a clause that states that in some circumstance, the owner of the property may abandon a damaged or lost property but still has the right to claim a settlement amount in full. For example, if the property of the insured party has to way to be recovered, or if the damage is too severe that the cost of repair is more than the actual value, the insured party may abandon the property but he or she is still entitled to a settlement amount in full.
POPULAR TERMS
Netscaped
A term which refers to an instance in which a company gets damaged materially or put out of business as a result of heat-to-head competition with M ...
Omega
Omega is the change in an option’s worth with respect to the percentage adjustment in the underlying price. It gives option investors an idea ...
Irrelevance Proposition Theorem
A theorem on capital structure that assume financial leverage has no effect on the company’s value if income tax and distress costs are absen ...
Master-Feeder Fund
A common and efficient structure used by hedge funds to pool investment capital raised by dometic and foreign investors into one centralized vehicl ...
Balance Sheet Reserves
The amount provided as a liability on the balance sheets of an insurance company for the benefits owed to the policy owners. The balance sheet rese ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Buying a Home: Everybody’s Goal
Since childhood, Selena has always dreamed of owning a large farm house surrounded with lots of animals – every kind of animal the world has ...
Renovate or Move?
You have a well-furnished home with a garden full of flowers and plants. Imagine sharing your beautiful abode, which has four bedrooms, a kitchen, ...
Macroeconomics: A Brief History
Macroeconomics is a branch of study under Economics that deals with the economy’s growth and the way it behaves. It examines nationwide pheno ...
Buying a Home: Closing the Deal
It’s almost done! With just a few steps away, the house that you have been dreaming of will be yours.
Retirement Planning: Allocating and Diversifying
The assets you select to invest in will depend on numerous factors, including your risk appetite and investment timeframe. The two primary factors ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 20:00 | FOMC Member Loretta Mester Speaks | ||
| 01:30 | National CPI | Sep | |
| 01:30 | National CPI ex Fresh Food | Sep | |
| 01:30 | Tokyo CPI ex Fresh Food & Energy | Sep | |
| 01:50 | Summary of Opinions | ||
| 09:00 | CPI | Sep | |
| 10:30 | M4 Money Supply | Aug | |
| 10:30 | Mortgage Approvals | Aug | |
| 10:30 | Net Lending to Individuals | Aug |
