Examlex
What,particularly in a developing country,is the most visible and vital component of the financial system (as acceptor of deposits and grantor of shorter-term credit) ?
Indemnify
To compensate for harm or loss, or to provide a security against any financial burden that might arise.
Fire
A rapid oxidation process generating heat, light, and various reaction products, often used for heating, power generation, or as a hazard.
Co-Insurance
An insurance policy feature where the insured party and the insurer share the covered losses in a defined proportion.
Insured
The individual or entity covered by an insurance policy, which provides protection against loss or damage.
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