Protect or insure somebody against being sued for their actions.
- A promise to compensate someone else for loss or damage or protection from legal responsibility from a person’s actions.
- A formal charge or accusation of a serious crime.
- An increase in prices, which decreases the purchasing power of money.
- A violation or infringement of a law, agreement, or set of rules.
- A person’s or organization’s position when they cannot pay debts when they are due for repayment.
- The percentage that a person receives on their savings or pays on their loan.
- Not having made a will before one dies.
- To allocate money (or sometimes another resource, such as time) in the expectation of some benefit in the future. In finance, the expected future benefit from investment is a return that may consist of capital gain and/or investment income, including dividends, interest, rental income etc.
- Includes transactions in equity securities, such as common stock, and debt securities, such as banknotes, bonds, and debentures. Portfolio investments are passive investments, as they do not entail active management or control of the issuing company.
- A trust that can’t be revoked and that takes effect during the life of the grantor. Usually made to transfer wealth, protect assets, or reduce taxes.