DefinitionWar risk insurance is a type of insurance which covers damage due to acts of war, including invasion, insurrection, rebellion and hijacking. Some policies...
What is 'Wage-Price Spiral' The wage-price spiral is a macroeconomic theory used to explain the cause-and-effect relationship between rising wages and rising...
DefinitionGazumping occurs when a seller accepts an oral offer on the property from one potential buyer, but then accepts a higher offer from someone...