Economics & Finance | Françoise Clementi

life insurance

julio 14, 2020 No hay comentarios

A contract between an insured (insurance policy holder) and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of

life tenant

julio 14, 2020 No hay comentarios

One who has all rights associated with ownership of real property, except the right to sell the property, until his/her (or someone else’s) death. (source:

liberal profession

julio 14, 2020 No hay comentarios

An occupation pursued in relation to an ideal of public service and requiring substantial mastery of complex skills in the liberal arts or sciences which

liberalization

julio 14, 2020 No hay comentarios

Liberalization, or liberalisation, refers to a relaxation of previous government restrictions, usually in areas of social or economic policy. In some contexts this process or

legal representative

julio 14, 2020 No hay comentarios

In its broadest sense, one who stands in place of, and represents the interests of, another. A person who oversees the legal affairs of another.

legalize

julio 14, 2020 No hay comentarios

To make lawful or legal. (source: http://www.wordreference.com/definition/legalize)

lend at usury

julio 14, 2020 No hay comentarios

To lend money at excessive interest rates.

leonine clause

julio 14, 2020 No hay comentarios

A party is excused from sharing liabilities arising out of the agreement as a stated provision in said agreement. (Law Dictionary: http://thelawdictionary.org/leonine-clause/#ixzz2cd7ItujX)