Unit 6 Risk Flashcards
calculated
computed
an agreed amount of mobey you pay
insurance premium
using borrowed money by company
leverage
financial protection
coverage
sb who calculates how likely accidents are to happen
actuary
sb who owns insurance for car/home
policyholder
possible to make people obey
enforceable
make known to the public
disclose
number of payments
installment
in one single payment
lump sum payment
insures insurance companies
reinsurer
strictly give
stipulated
not having enough money
insolvent
sb who is embracing change, constantly learning and has high expectations
risk optimist
shortage of money
credit crunch
seisure of what belongs to politicians
confiscation of assets
balance
trade-off
money you gain from business
payback
happy with your achievements, samoľúbosť
complacency
people want to return what they purchased because it´s not right
product recall
fraud
deception
likely to change
volatile
violence, threats
abducting
inevitably, enternally
inherently
to make sth less harmful
mitigate
that you have to pay yourself
out-of pocket
can be taken away from a total
deductible to
what company gets from selling shares
equity financing
to make known publically
disclose