Category: E

If an insured person pays for a policy in advance, the “earned” premium is the portion of the policy that has already been used.

the name that is given to an agreement between the President of the US and a representative of a foreign nation.

The term applying to the rights a citizen has to vote when an election is called.

a term in an insurance policy that requires proof of the circumstances that surround an accident.

This phrase is found new laws and indicates which legislative body voted for the statute.

a term that refers to a death that was not caused by any natural means.

the endorsement that specifically names a person who will receive a money payment.

a Latin phrase that means to arise from a crime or from something that is contrary to law.

used to calculate income tax and is the expenses that are able to be deducted.

a law that states after being missing for a certain number of years a person is declared dead. See legally dead; presumption of death.

the phrase that means that a legal document has been signed, sealed and notarised.

This phrase applies to the alteration of property to become real estate and for real estate to become property.

the term for having the right to the first choice to purchase something.

a phrase found in wills where property will be shared and shared a like and each person will receive the same amount.

situation in an organisation that calls for a response from management.

The term applied to a trust or an interest that will arise at a time in the future.

the term given to an endorsement not specifying anyone in particular and permits negotiation of a payment.

These are the assets that go to the trustee under bankruptcy laws.

This term applies to any income that you don’t pay tax on.

the error made when a court gives a judgement or verdict and doesn’t know of a fact.