Examlex
Specific performance is the remedy customarily used when one party has breached a contract for personal services.
Inelastic
Describing a situation in which the quantity demanded or supplied of a good or service is relatively unresponsive to changes in price.
Out-Of-Pocket Expenditures
Expenses for goods or services that are paid directly by an individual, without third-party assistance or reimbursement.
Medical Savings Accounts
Tax-advantaged accounts that individuals can use to save and pay for medical expenses, often with high-deductible health plans.
Catastrophic Health Insurance
Health insurance that is designed to provide coverage for major medical emergencies or serious conditions, typically with high deductibles and low monthly premiums.
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