Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Earned Premium

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

Defensive Driver Course

A program of study that teaches safe driving techniques to drivers. Participants may be eligible for discounted premiums on their car insurance.

Continuously Insured

An insured person who has had no time period during which he or she was uninsured since first taking out an auto insurance policy.

Comprehensive Coverage

The most common form of optional auto insurance coverage, alongside Collision, covering damage that is the result of non-collision factors, such weather and theft.

Collision Coverage

Along with Comprehensive, the most common form of optional auto insurance coverage. Collision Coverage covers the cost (minus a deductible) of repairing damage to a vehicle when the insured driver is at

Cancellation

When an insurance policy is terminated prior to the renewal date. Either the insurer or the insured can cancel a policy.

Blue Book

A shortened name for the “Kelley Blue Book,” which publishes the values of used vehicles.

At Fault

Regarding auto insurance, a driver whose conduct is held legally responsible for causing an accident.

Anti-Theft Device

A range of technologies intended to deter auto theft, such as a car alarm. Equipping vehicles with anti-theft devices often lead to a discount on insurance premiums.

Anti-Lock Brake System (ABS)

The onboard system controlled by a vehicle’s computer that assists the manual braking system, helping a driver safely stop or slow a vehicle without skidding or losing control.

Accident Forgiveness

A form of optional auto insurance coverage wherein the insurer waves its right to increase the rate of the policyholder at fault of an accident.

Diction

Diction can refer to either the words and phrases a person or organization uses through speech or in written materials, or to a person’s enunciation style in oral discourse. While diction can

What Is Night Trading

Night trading is the buying and selling of stocks, commodities and currencies during those hours when the stock markets are closed. For example, the NYSE and the NASDAQ are open for day

Reasons You Should Trade Futures

For investors, trading Futures has the opposite appeal from that of buying stocks and bonds. Stocks and bonds are purchased with the intension of holding shares for an indefinite period of time

ADMINISTRACIÓNON DE PATRIMONIO

Liquidación de los bienes del intestado, o de un testador que no tiene albacea, realizada bajo la supervisión de un tribunal, por una persona debidamente cualificada y legalmente nombrado, y que por

ACTO MALICIOSO

Un término que se refiere a hacer, intencionalmente, un acto incorrecto.

ABUSO DE CONFIANZA

Cualquier acto realizado por un fideicomisario contraria a los términos de su confianza, o por encima de su autoridad y en detrimento de la confianza; o la omisión ilícita por un fideicomisario

AUDIENCIA

En la práctica de equidad. La audición de los argumentos de los abogados de las partes sobre las declaraciones, o declaraciones y pruebas; correspondiente al juicio de una acción en la ley.

ASEVERACIÓN

Una afirmación; una aseveración positiva; una declaración solemne. Esta palabra es rara vez, o nunca, utilizada para una declaración hecha bajo juramento, pero denota una declaración acompañada de solemnidad o un llamado

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Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.