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A Logic Bomb, Also Called Slag Code, Is a Type

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A logic bomb, also called slag code, is a type of delayed-action virus that may be set off when a program user makes certain input that sets the slag code in motion.


Definitions:

Apportions Losses

The process of dividing or allocating financial losses among different parties, usually according to a predetermined formula or agreement.

Insurance Companies

Businesses that provide coverage, in the form of compensation resulting from loss, damages, injury, treatment or hardship in exchange for premium payments.

Coinsurance Clause

A provision in an insurance policy that requires the policyholder to bear a portion of the risk by paying a percentage of the total claim.

Fair Market Value

The price at which property would exchange hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell.

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