Examlex
Co-pay is a fixed amount that the insured person must pay each time he or she uses health care.
Franchisor
A person or company that grants the license to a third party for the conducting of a business under the franchisor's marks, name, and business model.
Business Trust
A business organization governed by a group of trustees, who operate the trust for beneficiaries.
Trustees
Individuals or organizations appointed to manage and oversee assets or property for the benefit of others, often in a legal or fiduciary capacity.
Beneficiaries
Individuals or entities designated to receive benefits or assets from a trust, will, or insurance policy.
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