Examlex
Globular clusters,when compared to open clusters,generally:
Social Security Payments
Government-provided payments to eligible individuals, such as retirees or disabled persons, financed through payroll taxes.
Third-Party Insurance
Insurance coverage purchased by the insured from an insurer for protection against claims by another party, typically used in liability insurance.
Imperfect Information
A situation in a market where all parties do not have equal access to relevant information, leading to inefficiencies in decision-making.
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