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Home > 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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- Categoria gramatical: noun
- Sinónimo(s):
- Blossary:
- Actividade/ Sector: Economy
- Category: International economics
- Company: University of Michigan
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