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speculate

speculate -lat·ed -lat·ing vi 1 : to theorize on the basis of insufficient evidence NOTE: A jury is not permitted to speculate on a matter about which insufficient evidence has been presented in reaching its verdict....

standard of care

standard of care :the degree of care or competence that one is expected to exercise in a particular circumstance or role

usage of trade

usage of trade :a practice or method of dealing that is regularly observed in a place, vocation, or trade and that one justifiably expects to be followed by another party to a commercial transaction compare course...

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permanent and total disability

permanent and total disability A disability that is expected to last at least a year and keeps an individual from any gainful activity.

ordinary

ordinary : of a kind to be expected from the average person or in the normal course of events ;broadly : of a common kind or degree [an proceeding] compare extraordinary

viatical settlement

viatical settlement [probably from Latin viaticum provision for a journey] : an agreement by which the owner of a life insurance policy covering a person (as the owner) with a catastrophic or life-threatening illness receives compensation...

due diligence

due diligence 1 : such diligence as a reasonable person under the same circumstances would use : use of reasonable but not necessarily exhaustive efforts called also reasonable diligence NOTE: Due diligence is used most often...

actuarial

actuarial 1 : of or relating to actuaries 2 : relating to statistical calculation esp. of life expectancy ac·tu·ar·i·al·ly adv

admission

admission 1 : the act or process of admitting [ into evidence] 2 a : a party's acknowledgment that a fact or statement is true NOTE: In civil cases admissions are often agreed to and offered...

advance

advance ad·vanced ad·vanc·ing : to supply or provide ahead of time: as a : to give (a gift) by way of or as an advancement b : to supply (as money) beforehand in expectation of repayment...

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