Skip to main content

type

deductible

Deductible for legal purposes means some kind of expense that reduces the amount someone owes.

Regarding insurance, a deductible is an amount in an insurance claim that the provider deducts from a claim that must be paid by the insurance holder, or a deductible is the amount an individual must pay before the insurance begins paying out for claims. For example, Johnny wrecks his car causing $10,000 in damage. If Johnny has a $1,000 deductible, the insurance company would only pay $9,000.

deed in lieu of foreclosure

Deed in lieu of foreclosure is an alternative to foreclosure for homeowners by deeding their house to the lending institution. Foreclosure can be long, public events that are embarrassing and draining on homeowners, but deed in lieu of foreclosure allows a quicker option where the lender agrees to take the house instead of the debt owed.

deep link

A deep link is a webpage link from one website to another website that bypasses the second website’s homepage and goes straight to an internal page on the second website. According to Adjust’s Mobile Marketing Glossary, the purpose of a deep link is to send users directly to specific locations on the second website instead of sending them to the website’s homepage which allows for more efficient web-browsing.

defamation

Defamation is a statement that injures a third party's reputation. The tort of defamation includes both libel (written statements) and slander (spoken statements). State common law and statutory law governs defamation actions, and each state varies in their standards for defamation and potential damages.

Subscribe to type