Term, Terminal, Termination, Term Life Insurance




Term, Terminal, Termination, Term Life Insurance :




Term : A set duration of time period or a condition as for the period in which a contract is enforced : condition of an agreement as the duration for which a loan is sanctioned



Terminal : A device that is comprised of a keyboard and a monitor that enables the user to interact with the computer by putting and retrieving information



Termination : The suspensions of an employee whether voluntarily or by the employer



Term Life Insurance : A life insurance policy that pays the death benefits for a particular time duration at the end of which the policy may be renewed : The process usually requires a modification in the amount of the premium, etc.




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