Terms with Category Legal Contracts
- Warranty — Definition,
- A document certifying clear title to a property.
- A guarantee from a dealer or a manufacturer that a vehicle or product will perform as expected or specified. An auto warranty usually covers specified mechanical problems for a set number of kilometers or period.
- Water Damage Insurance — Definition,
- Insurance that covers water damage to insured property.
- Water Exclusion Clause — Definition,
- A provision that gives an insurer the option to deny coverage for certain kinds of water damage.
- Wear and Tear Exclusion — Definition,
- A provision that absolves an insurer from paying for damages resulting from an asset's normal wear and tear.
- Will — Definition,
- A document that states what must be done with a person's estate after his or her death.
- Witness — Definition,
- To subscribe one's name to a deed, will or other document for the purpose of attesting its authenticity and proving its execution by testifying, if required.
- Work and Materials Clause — Definition,
- A provision that allows the policyholder to store certain materials in insured property if needed by their line of work.
- X — Definition,
- A symbol used in contracts, or other legal documents, representing where a signature should appear.
