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Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an ...
Counterclaim. In a court of law, a party's claim is a counterclaim if one party asserts claims in response to the claims of another. In other words, if a plaintiff initiates a lawsuit and a defendant responds to the lawsuit with claims of their own against the plaintiff, the defendant's claims are "counterclaims."
Maiden call. In shipping, a maiden call is the first time a particular ship arrives at a port. A ceremony may be held where port officials present a plaque to the vessel in commemoration of the call date. [1] [2] Other types of ports also track maiden calls. [3] [4] [5] [6]
Robert FitzRoy. Original release. 24 August 1867 (by telegraph) The Shipping Forecast is a BBC Radio broadcast of weather reports and forecasts for the seas around the British Isles. It is produced by the Met Office and broadcast by BBC Radio 4 on behalf of the Maritime and Coastguard Agency. The forecast dates back over 150 years.
An illustration of a weasel using "weasel words". In this case, "some people" are a vague and undefined authority. In rhetoric, a weasel word, or anonymous authority, is a word and/or phrase aimed at creating an impression that something specific and meaningful has been said, when in fact only a vague, ambiguous, or irrelevant claim has been communicated.
A freight claim or cargo claim is a legal demand by a shipper or consignee against a carrier in respect of damage to a shipment, or loss thereof. [1] [2] [3] Typically, the claimant will seek damages (financial compensation for loss), but other remedies include "specific performance", where the cargo-owner seeks delivery of the goods as agreed.
Gender-neutral language. Gender-neutral language or gender-inclusive language is language that avoids reference towards a particular sex or gender. In English, this includes use of nouns that are not gender-specific to refer to roles or professions, [1] formation of phrases in a coequal manner, and discontinuing the collective use of male or ...
A memorandum of understanding ( MoU) is a type of agreement between two ( bilateral) or more ( multilateral) parties. It expresses a convergence of will between the parties, indicating an intended common line of action. [1] It is often used either in cases where parties do not imply a legal commitment or in situations where the parties cannot ...