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  2. Insurance - Wikipedia

    Property insurance as we know it today can be traced to the Great Fire of London, which in 1666 devoured more than 13,000 houses.The devastating effects of the fire converted the development of insurance "from a matter of convenience into one of urgency, a change of opinion reflected in Sir Christopher Wren's inclusion of a site for "the Insurance Office" in his new plan for London in 1667."

  3. Mortgage law - Wikipedia

    In most jurisdictions, a lender may foreclose on the mortgaged property if certain conditions—principally, non-payment of the mortgage loan – apply. A foreclosure will be either judicial or extrajudicial (non-judicial), depending upon whether the jurisdiction within which the property to be foreclosed interprets mortgages according to title theory or lien theory, and further depending upon ...

  4. List of timeshare companies - Wikipedia

    The examples and perspective in this article or section might have an extensive bias or disproportional coverage towards one or more specific regions. Please improve this article or discuss the issue on the talk page.

  5. Mortgage-backed security - Wikipedia

    A mortgage-backed security (MBS) is a type of asset-backed security (an 'instrument') which is secured by a mortgage or collection of mortgages. The mortgages are aggregated and sold to a group of individuals (a government agency or investment bank) that securitizes, or packages, the loans together into a security that investors can buy.

  6. Second mortgage - Wikipedia

    The implication of such environments is the increase in cost of purchasing a property in terms of down payments and monthly mortgage repayments. Whilst conventional primary mortgages permit home buyers to borrow up to 80 percent of the property's value, they are conditional on a 20 percent down payment.

  7. Financial economics - Wikipedia

    Interpretation: The value of a call is the risk free rated present value of its expected in the money value (i.e. a specific formulation of the fundamental valuation result). N ( d 2 ) {\displaystyle N(d_{2})} is the probability that the call will be exercised; N ( d 1 ) S {\displaystyle N(d_{1})S} is the present value of the expected asset ...

  8. Corporate finance - Wikipedia

    Corporate finance is the area of finance that deals with the sources of funding, the capital structure of corporations, the actions that managers take to increase the value of the firm to the shareholders, and the tools and analysis used to allocate financial resources.

  9. Vehicle insurance - Wikipedia

    Third-party vehicle insurance is a mandatory requirement in Indonesia and each individual car and motorcycle must be insured or the vehicle will not be considered legal; this compulsory auto insurance is legally called the Road Traffic Accidents Compulsory Coverage Fund (Indonesian: Dana Pertanggungan Wajib Kecelakaan Lalu Lintas Jalan, DPWKLLJ).