Banking and Finance
This occurs when you write a check for more money than you have in your account.
What is a bounced check?
A general term for something that could potentially cause harm to a company?
What is a business threat?
The formal document that outlines the terms and conditions of insurance coverage.
What is an insurance policy?
ONS-FUFICNTEIS-NUDFS
What is non-sufficient funds?
The abbreviation often used to indicate that an account lacks sufficient funds.
What is NSF (Non-Sufficient Funds)?
Damage to or disappearance of a company's physical assets.
What is property loss?
A demand made by the insured to the insurer for payment of a covered loss.
What is a claim?
DCREIT NIONU
What is Credit Union?
A for-profit company that offers various financial services to the public.
What is a commercial bank? (While "financial institution" is broader, in contrast to a credit union this fits the description.)
The illegal taking of property from a business.
What is theft?
The periodic payment required to keep an insurance policy active.
What is a premium?
OMINEC
Unlike a traditional bank, this type of financial institution is owned by its members and often offers better rates.
What is a credit union?
A type of insurance designed to provide income to employees injured while performing their job duties.
What is worker's compensation?
The scope of protection provided by an insurance plan.
What is coverage?
RERKOWS'S PENSOCMATNIO
What is worker's compensation?
Money that a person or business receives in exchange for labor, services, or investments.
What is income?
The person or entity protected by an insurance agreement.
Who is the insured?
The potential for suffering a loss.
What is risk?
MEPIRUM
What is premium?