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For a firm with old, heavy fixed assets, replacement cost accounting will normally decrease the return-on-equity ratio.
Title
Refers to the legal right to own, use, or sell a particular property or asset.
Binder
A written, temporary insurance policy.
Temporary Coverage
A provisional or short-term insurance policy providing limited benefits until a more permanent insurance arrangement is implemented.
Insurance Company
An organization that offers risk management in the form of insurance policies to individuals and businesses, compensating for losses in return for premiums.
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