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Strand3

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Term
Definition
Transfer of risk   show
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show A company or government agency provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium.  
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show What you pay to have insurance  
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Deductible   show
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Co-insurance   show
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show Protects you financially if you're responsible for someone else's injuries or property damage.  
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show Coverage that helps pay to repair or replace your car if it's damaged in an accident with another vehicle or object.  
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Comprehensive   show
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show A business practice in which services or job functions are hired out to a third party on a contract or ongoing basis.  
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show When a business or individual acknowledges that the potential loss from a risk is not great enough to warrant spending money to avoid it.  
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Investing Risk   show
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Income Principles   show
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Salary   show
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Wages   show
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Commissions   show
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Tips   show
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Benefits   show
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Entrepreneurship   show
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Dividends   show
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show Expenses that are the same each time you pay them.  
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Variable Expenses   show
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Periodic Expenses   show
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Created by: EliRush
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