5 TermsHome > Terms > Armenian (HY) > ապահովագրություն
ապահովագրություն
A financial arrangement to reduce risk. The purchaser of insurance pays a fixed amount, in return for which the seller agrees to pay some larger amount if an unlikely adverse event occurs.
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- Deel van toespraak: noun
- Synoniem(en):
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- Industrie/Domein: Economy
- Category: International economics
- Company: University of Michigan
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