Tag: common
Water Damage Clause
What is 'Water Damage Clause' A clause in a property-casualty insurance contract. A water damage clause states that the insured is covered...
War Exclusion Clause
What is 'War Exclusion Clause' A clause in an insurance policy that specifically excludes coverage for acts of war such as invasion,...
Water Damage Insurance
Most people only think about water damage insurance when they are in the middle of a flood or some other major water emergency. But...
Water Rights
DefinitionWater right in water law refers to the right of a user to use water from a water source, e.g., a river, stream, pond...
Warrant Premium
What is 'Warrant Premium' The amount that an investor must pay above the current market price for a security, when purchasing and...
Water Damage Legal Liability Insurance
What is 'Water Damage Legal Liability Insurance' A policy that provides financial protection to a person or business that unintentionally causes water...
Walk-Away Lease
What is 'Walk-Away Lease' A common type of car lease in which the lessee returns the car at the end of the...
Generally Accepted Principles And Practices (GAPP)
What is 'Generally Accepted Principles And Practices - GAPP' Standardized business procedures related to the operation of sovereign wealth funds (SWFs). The...
General Partnership
DefinitionIn most countries, a general partnership is an association of persons or an unincorporated company with the following major features... General Partnership What...
Generally Accepted Accounting Principles (GAAP)
What are 'Generally Accepted Accounting Principles - GAAP' Generally accepted accounting principles (GAAP) are a common set of accounting principles, standards and...