Examlex
By placing bad news in the first paragraph,receiver support is more likely than when it is presented after giving reasons.
Compensate
To provide something, typically money, in recognition of loss, suffering, or damage incurred; to make amends.
Actuarial Insurance
The application of statistical and mathematical methods in the insurance industry to calculate risk and determine premiums.
Frequency
The rate at which a repeated event occurs, such as the number of waves that pass a fixed point in a specific amount of time in the context of physics, or the regularity of an occurrence in general terms.
Potential Loss
The possibility of financial detriment or damage in the future.
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