Category: N

A risk with a high probability of loss, or failure to accurate measure the risk actuarially. As such, the risk cannot be insured.

Ill-prepared financially to face potential losses.

the term that is given to a will that does not need the executor to post a bond.

the term that is given to the defence that raises no issue of the facts in the case.

Financial transaction with neither a direct nor an indirect execution to the benefit of the user. Sometimes, these transactions do not need to be registered with the Securities and Exchange Commision (SEC). For example, a transaction between two investors involving the direct sale of stock shares.

A will stated by a person on his death bed in the accompaniment of witnesses.

The failure to deliver goods or legal instruments in compliance with the law or custom

the term that describes a thing that is not able to be classified and is not describable.

Noncompliance with the requirements to reveal information.

the term given to a fixed investment trust that can only buy securities listed when the trust was organised.