Principles of Business, Unit 4: Chapter 20

This list focuses on insurance (Unit 4, Chapter 20).

Here are links to all the chapters of Unit 4, Personal Financial Management: Chapter 15, Chapter 16, Chapter 17, Chapter 18, Chapter 19, Chapter 20

Here are links to all the units of the business textbook published by South-Western Cengage Learning: Unit 1, Unit 2, Unit 3, Unit 4
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Full list of words from this list:

words only definitions & notes
  1. injury
    physical damage to the body caused by violence or accident
  2. liability
    the state of being legally obliged and responsible
  3. medical
    relating to the study or practice of medicine
  4. coverage
    the total amount and type of insurance carried
  5. property
    something owned
  6. damage
    the act of harming something or someone
  7. collision
    an accident resulting from violent impact of a moving object
  8. deductible
    a clause that relieves responsibility of paying a loss
  9. comprehensive
    including all or everything
  10. policy
    written contract or certificate of insurance
  11. depreciation
    decrease in value of an asset due to obsolescence or use
  12. beneficiary
    the recipient of funds or other advantages
  13. term
    a limited period of time during which something lasts
  14. permanent
    continuing or enduring without marked change in status
  15. major
    of greater seriousness or danger
  16. disability
    a condition that prevents one from performing some task
  17. health
    the general condition of body and mind
  18. fault
    responsibility for a bad situation or event
  19. compulsory
    required by rule
  20. vehicle
    a conveyance that transports people or objects
  21. insufficient
    of a quantity not able to fulfill a need or requirement
  22. clause
    a separate section of a legal document
  23. settlement
    a conclusive resolution of a matter and disposition of it
  24. vandalism
    willful and malicious destruction of the property of others
  25. disaster
    an event resulting in great loss and misfortune
  26. peril
    a source of danger
  27. accumulate
    collect or gather
  28. determine
    establish after a calculation, investigation, or experiment
  29. dependent
    a person who relies on another person for support
  30. survivor
    one who outlives another
Created on Thu Oct 20 16:49:49 EDT 2016 (updated Thu Oct 27 18:47:46 EDT 2016)

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