Examlex
An affirmative action program that gives racial minorities a "plus factor" when considered for public university admission is lawful under the "strict scrutiny" test of equal protection,as long as it does not constitute a quota system.
Fire Damages
The physical destruction or harm caused to property and assets by fire.
Semiannual Payments
Payments made twice a year, often used in the context of loan repayments or interest calculations.
Quarterly Payments
Payments made every three months during a fiscal year, often used for taxes, insurance, or interest payments.
Life Policy
An insurance contract that pays a designated beneficiary a sum of money upon the death of the insured person.
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