Examlex
New ray initials are produced by the fusiform initials.
Expected Loss
The anticipated amount of loss a party faces in a financial transaction or investment, calculated based on probable scenarios.
Secure Neighborhood
An area with enhanced safety measures, possibly including gated access, security personnel, and surveillance systems, aimed at reducing crime.
Insurance Premium
The amount paid periodically to an insurance company by the insured for covering their risk.
Adverse Selection
A situation in which one party in a transaction has more or better information than the other, leading to an imbalance and potentially unfavorable outcomes.
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