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In insurance, the insurance policy is a contract (generally a standard form contract) between the insurer and the policyholder, which determines the claims which the insurer is legally required to pay. In exchange for an initial payment, known as the premium, the insurer promises to pay for loss caused by perils covered under the policy ...
Formula 18 catamaran with gennaker. The overall objective of the class is to offer popular, safe, exciting and fair racing in 18-foot catamarans. The F18 class is a "box rule [2]" class, which means that any boat that adheres to the limited set of general design specifications may participate in all F18 races. This has led to a score of ...
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an ...
Schematic cross section of a pressurized caisson. In geotechnical engineering, a caisson (/ ˈ k eɪ s ən,-s ɒ n /; borrowed from French caisson 'box', from Italian cassone 'large box', an augmentative of cassa) is a watertight retaining structure [1] used, for example, to work on the foundations of a bridge pier, for the construction of a concrete dam, [2] or for the repair of ships.
Hull (watercraft) A hull is the watertight body of a ship, boat, submarine, or flying boat. The hull may open at the top (such as a dinghy), or it may be fully or partially covered with a deck. Atop the deck may be a deckhouse and other superstructures, such as a funnel, derrick, or mast. The line where the hull meets the water surface is ...
USS Regulus hard aground in 1971 due to a typhoon: after three weeks of effort, Naval salvors deemed it unsalvageable.. Marine salvage takes many forms, and may involve anything from refloating a ship that has gone aground or sunk as well as necessary work to prevent loss of the vessel, such as pumping water out of a ship—thereby keeping the ship afloat—extinguishing fires on board, to ...
Waterproofing. Waterproofing is the process of making an object, person or structure waterproof or water-resistant so that it remains relatively unaffected by water or resisting the ingress of water under specified conditions. Such items may be used in wet environments or underwater to specified depths. Water-resistant and waterproof often ...
Profit margin is calculated with selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit, whereas "profit percentage" or "markup" is the percentage of cost price that one gets as profit on top of cost price. While selling something one should know what percentage of profit one will ...