A term which means that any person entering into an insurance contract must stand to lose.
A contract in which payment of premiums covers the insured against something which may, or may not.
A person specialising in insurance matters and who gives advice on the subject as well as arranging.
The document which specifies the details and conditions of cover of an insurance contract together.
The amount payable by the insured in return for indemnification against specified.
(IPT)A tax imposed on certain insurance premiums where the risk is located in the.
This type of clause covers merchandise if the damage amounts to three percent or more of the insured value of the package or cargo. If the vessel burns, sinks, collides, or sinks, all losses are fully covered. In marine insurance, the word average describ ...
This type of insurance offers the shipper the broadest coverage available, covering against all losses that may occur in transit.
In water transportation, the deliberate sacrifice of cargo to make the vessel safe for the remaining cargo. Those sharing in the spared cargo proportionately cover the loss.
A Marine insurance term to refer to partial loss on an individual shipment from one of the perils insured against, regardless of the balance of the cargo. Particularaverage insurance can usually be obtained, but the loss must be in excess of a certain per ...
A device for separating solids or suspended particles in the air before they enter the air intake of the compressor and reduce intake noise as on reciprocating compressors through a silencing chamber in the filter housing.
Assets which are non physical in form, that is, which cannot be seen. Examples are patents,.
A valve designed to prevent air volume and pressure from escaping the compressor tank back into compressor heads while compressor is not operating.
ICS solar systems are also called "batch" or "breadbox" water heaters. They combine the collector and storage tank in one unit. The sun shining into the collector strikes the storage tank directly, heating the water. The large thermal mass of the water, p ...
A type of heating appliance that performs more than one function, for example space and water heating.
A plan developed by an electric utility, sometimes as required by a public regulatory commission or agency, that defines the short and long term capacity additions (supply side) and demand side management programs that it will undertake to meet projected ...
A sound level meter designed or adapted to measure the level of the mean squared time averaged A-weighted sound pressure.