Examlex
A party that maintains Web sites on the World Wide Web is called a content provider.
Underlying Assets
The financial assets or instruments upon which financial derivatives are based.
Insurance Policy
A contract between an insurer and a policyholder that specifies the terms and conditions under which the insurer agrees to compensate the policyholder for loss caused by specific events.
Limited Liability Corporation
A business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation, protecting owners' personal assets from business debts.
Limited Liability Company
A legal structure for businesses where the owners have limited personal liability for the company's debts and actions.
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