Tag: protection
Fair Debt Collection Practices Act (FDCPA)
What is the 'Fair Debt Collection Practices Act - FDCPA' The Fair Debt Collection Practices Act (FDCPA) is a federal law that...
Family Limited Partnership (FLP)
What is 'Family Limited Partnership - FLP' A type of partnership designed to centralize family business or investment accounts. FLPs pool together...
Federal Agencies
What is 'Federal Agencies' Special government organizations set up for a specific purpose such as the management of resources, financial oversight of...
War Risk Insurance
DefinitionWar risk insurance is a type of insurance which covers damage due to acts of war, including invasion, insurrection, rebellion and hijacking. Some policies...
Wear And Tear Exclusion
Wear And Tear Exclusion What is 'Wear And Tear Exclusion ' A provision of an insurance contract that states that the...
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...
Garage Liability Insurance
What is Garage Liability Insurance and why do you need it
Garage liability insurance is a type of insurance specifically for businesses that offer automotive...
Gap Insurance
DefinitionGuaranteed Auto Protection insurance was established in the North American financial industry. GAP insurance is the difference between the actual cash value of a...
Term Life Insurance
DefinitionTerm life insurance or term assurance is life insurance that provides coverage at a fixed rate of payments for a limited period of time,...
Tax Expense
DefinitionA company's tax expense, or tax charge, is the income before tax multiplied by the appropriate tax rate. Generally, companies report income before tax...