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unilateral

made by only one party esp. because the other has already performed (as by paying an amount) [an option contract is ] uni·lat·er·al·ly adv

special forbearance

special forbearance a loss mitigation option where the lender arranges a revised repayment plan for the borrower that may include a temporary reduction or

replacement

replacement 1 a : the act of replacing : the state of being replaced b : an insurer's option under a policy to replace or repair damaged property rather than pay the insured for the loss 2

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York-Antwerp Rules

York-Antwerp Rules. Optional rules of practice on the subject of general average for the assistance of shipowners, merchants, underwriters and average-adjusters

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