Loss Settlement Amount — A term used to denote the amount of a homeowner s insurance settlement. Homeowners are typically required to carry insurance that will cover at least 80% of the replacement value of their house. The loss settlement amount, the funds that the… … Investment dictionary
Loss of chance in English law — refers to a particular problem of causation, which arises in tort and contract. The law is invited to assess hypothetical outcomes, either affecting the claimant or a third party, where the defendant s breach of contract or of the duty of care… … Wikipedia
settlement — The clearinghouse practice of adjusting all futures accounts daily according to gain or loss from price movement is generally called settlement. The CENTER ONLINE Futures Glossary (1) Noun The standard number of days between the date that a… … Financial and business terms
loss adjuster — A person appointed by an insurer to negotiate an insurance claim. The loss adjuster, who is independent of the insurer, discusses the claim with both the insurer and the policyholder, producing a report recommending the basis on which the claim… … Big dictionary of business and management
loss payee — A secured party to whom insurance proceeds are paid as stipulated in a loss payee clause of an insurance policy obtained by a debtor and covering property owned by a debtor and pledged to the secured party. Generally applies to personal property … Financial and business terms
settlement variation — The sum of all changes in currency amount (gain or loss) for each firm s positions as figured to the settlement price each day paid daily in cash. Chicago Mercantile Exchange Glossary … Financial and business terms
settlement option — noun 1. : an option giving to an insured or his beneficiary a choice as to how the liability of an insurance company under its policy is to be discharged 2. : an option of an insurer (as in fire insurance) to repair or rebuild instead of paying… … Useful english dictionary
Tobacco Master Settlement Agreement — The Tobacco Master Settlement Agreement (MSA) was entered in November 1998, originally between the four largest US tobacco companies and the attorneys general of 46 states. The states settled their Medicaid lawsuits against the tobacco industry… … Wikipedia
Foreign Claims Settlement Commission — The Foreign Claims Settlement Commission of the United States (FCSC) is a quasi judicial, independent agency within the U.S. Department of Justice which adjudicates claims of U.S. nationals against foreign governments, either under specific… … Wikipedia
Act of Settlement 1701 — The Act of Settlement is an act of the Parliament of England, originally filed in 1700, and passed in 1701, to settle the succession to the English throne on the Electress Sophia of Hanoverndash a granddaughter of James Indash and her Protestant… … Wikipedia
Structured settlement factoring transaction — A structured settlement factoring transaction describes the selling of future structured settlement payments (or, more accurately, rights to receive the future structured settlement payments). People who receive structured settlement payments… … Wikipedia