Examlex
The term _____ refers to how active or passive the experience is.
Assignee
An individual or entity to whom rights or interests have been transferred by another, especially in contractual or legal contexts.
Obligor's Performance
The execution of duties or fulfillment of obligations by the party (obligor) that is bound by a contractual agreement to provide a service, payment, or benefit to another party.
Life Insurance
A contract between an insurer and a policyholder in which the insurer guarantees payment of a death benefit to named beneficiaries upon the death of the insured.
Proceeds
The amount of money or assets received from a transaction, sale, or event.
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