Examlex
Simplify the expression. Assume all variables represent positive real numbers.
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Subrogation
The legal right for an insurer to pursue a third party that caused an insurance loss to the insured.
Subscription
A payment for a service or product that is provided over a period of time, typically regularly (such as monthly or annually).
Watered Stocks
Shares of a company that have been issued at a price far greater than the asset value of the company, leading to an inflation of the company's market value without an increase in actual capital.
Fair Market Value
The price a willing, informed, and not under pressure buyer would pay to a willing, informed, and not under pressure seller in the market.
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