Economic Institutions: Companies, Financial Institutions, Mechanism Design, Corporation, Insurance, Building Society, Bank

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Pages: 306. Not illustrated. Chapters: Companies, Financial Institutions, Mechanism Design, Corporation, Insurance, Building Society, Bank, Savings and Loan Crisis, Credit Union, Credit Unions in the United States, Savings Bank, Savings and Loan Association, Insurance in the United States, Banxquote, Bayt Al-Mal, Lv, Provident Life & Trust Company, Smart Market, Vickrey clarke groves Auction, History of Companies, Sophis, Terminating Deposit, Emerging Changemakers Network, Nbfc & Mfi in India, Center for Community Self-Help, Envision Financial, Accion Usa, Fi-Linx, Conservation Finance, Multiscale Decision Making, Industrial Loan Company, Participation Criterion, Wall Street Ren, Duncan Lawrie, Custodian Bank, First West Credit Union, Non-Bank Financial Institution, Algorithmic Mechanism Design, Myerson-Satterthwaite Theorem, Arab Bank for Economic Development in Africa, Cooperative Marketing Act, Excel Insurance Solutions, Distributed Algorithmic Mechanism Design, European Standard Bank, Standard Life Healthcare, Filene Research Institute, Texas Ratio, Dollar Savings Bank, Incentive Compatibility, Phh Corporation, Institute of Professional Financial Managers, Loan Market Association, Loomis, Sayles & Company, Participation Constraint, Depository Bank, Development Finance Institution, the Association of Investment Trust Companies, Commercial Bank of Congo. Excerpt: Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment. An insurer is a company selling the insurance; an insured or policyholder is the person or entity buying the insurance policy. The insurance rate is a factor used to determine the amount to be charged for a certain amount...