Examlex
The grace period refers to the period of time in which an insurance company may investigate a death before paying the face.
Interest Payments
Payments made to lenders or bondholders as compensation for the use of borrowed money or invested capital.
Trust Company
A financial institution that acts as a trustee, managing estates, setting up trusts, and handling assets for beneficiaries.
Indenture
A formal agreement, or contract, between a bond issuer and the bondholders, specifying the terms of the bond.
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