Meaning of the word: Termination of contract
Termination of contract is a process, when void a contract between the insurer and the policyholder. For example, the contract may disappear spontaneously at the expiry of the insurance period, however, it can also disappear for violation of the conditions of one of cooperated partners.
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Maturity
Maturity is very important concept in finance, because every loan or other financial instrument is due to be paid. Maturity is a date, when the…
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