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Q: What is money that is paid in an effort to make up for a loss?
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How do insurer's make money?

You pay a premium and they agree to cover your losses, but it's more complicated how they make money. They get paid when you don't have an accident or have a loss that needs to be covered because your premium covers it.


If the value of a share goes below what a shareholder paid for it the shareholder makes money?

No, if the value of a share goes below what a shareholder paid for it, the shareholder makes a loss. They would only make money if the value of the share increases above what they paid for it, allowing them to sell it at a profit. A decrease in share value results in a loss for the shareholder.


How do insurance companies make money?

You pay a premium and they agree to cover your losses, but it's more complicated how they make money. They get paid when you don't have an accident or have a loss that needs to be covered because your premium covers it.


What word means monies paid in compensation for loss or injury?

The common term is "damages" or money damages".


Difference between debit and credit in accounting?

A debit is money paid out or a loss, a credit in income or a gain.


How much money was a trapper paid in Victorian times?

For his time and effort, nothing. Trappers were paid by the pelt. Prices varied per pelt, and by the region where the pelts were being sold.


How does ehow.com make their money?

I believe they make money from paid advertising and any google ads that are clicked


How money does football player make?

they get paid by the teams


What does wergild mean in frankish?

money paid to the relatives of a murder victim in compensation for loss and to prevent a blood feud


How much money does a low paid kickboxer make?

enoughhh~!~!~!:)


What is indeminity?

Indemnity is protection from a loss that can possibly occur. It usually relates to financial transactions and can also be money that is paid for compensation.


What if a car is repaired and later determined a total loss?

The total loss would be paid based on the findings of the insurance company, you can take the money regardless of whether you had repairs done.