Economics Dictionary of ArgumentsHome | |||
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Insurances - Economics Dictionary of Arguments | |||
Insurances: Insurance is a contractual agreement where an individual or entity pays a premium to a company in exchange for financial protection against potential losses or risks, providing compensation for specified events like accidents, illnesses, or property damage. See also contracts, contract theory._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
Author | Item | More concepts for author | |
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Barr, Nicholas | Insurances | Barr, Nicholas | |
Ed. Martin Schulz, access date 2024-04-18 |