Examlex
Explain both a rights offering and the basic characteristics of a right.
Reformation
A legal remedy where a written agreement is officially corrected or amended to accurately reflect the true intentions of the parties involved.
Renegotiate
The process of revising the terms of an existing agreement or contract.
Pay Out
The process of disbursing or distributing money from a fund or account, commonly related to dividends by corporations, insurance claims, or winnings.
Insured Premium
The amount paid periodically to an insurance company for coverage, which guarantees compensation for specific potential losses.
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