Tag: clause

What is 'Katie Couric Clause' A slang term for a controversial proposed clause from a Securities and Exchange Commission (SEC) rule (formally...

What is 'Hedge Clause' A provision included in published financial reports that indemnifies the author, or authors, against any responsibility for any...

What is 'Abandonment' Abandonment is the act of surrendering a claim to, or interest in, a particular asset. In securities, abandonment is...

What is 'Abandonment Option' A clause granting parties the option of withdrawing from the contract before the fulfillment or completion of all...

What is 'Abandonment Clause' A clause in a property insurance contract that, under certain circumstances, permits the property owner to abandon lost...

Abandonment and salvage are two ways to deal with property. Abandonment is the process of giving up a property, while salvage is the process...

What is 'Cancellation Provision Clause' It is a provision in an insurance policy that permits an insurer or an insurance company to...

Waiver Of Restoration Premium What is 'Waiver Of Restoration Premium ' A clause in an insurance policy that says that the...

What is a waiver of premium rider A waiver of premium rider is an insurance rider that waives the policyholder's obligation to pay premiums if...

Waiver Of Coinsurance Clause What is 'Waiver Of Coinsurance Clause ' Language in an insurance policy that says the insurance company...