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Insurance Glossary

Insurance Glossary

Nicolae Sfetcu

About this book

Insurance terminology and risk management. Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of potential financial loss. Insurance is defined as the equitable transfer of the risk of a potential loss, from one entity to another, in exchange for a premium and duty of care.

Details

OL Work ID
OL36503830W

Subjects

insurance

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Book data from Open Library. Cover images courtesy of Open Library.