The practice of extorting money or other property by the use of force or threats.
An obligation or duty upon an individual to incur the losses of another.
The right of an injured party to shift the loss onto the party responsible for the loss.
Security from damage, loss, or penalty.
A principle of insurance which provides that when a loss occurs, the insured should be restored to the approximate financial condition occupied before the loss occurred, no better, no worse.
Repayment; compensation for loss or injury.