Got a boat? Think it might get robbed in a forceful manner by someone who isn’t a part of your crew? Those crazy pirates are assailing thieves. Seriously. It sounds like we're setting up a long riff on Pirates of the Caribbean, but this is actually a term used in the world of insurance.
The good thing is your insurance will cover pirate-related loss (as an insured peril). Let’s just hope your assailing thieves don’t throw you overboard. In that case, you’ll need A-Sailing-Rescue. Bwahaha...yo ho, yo ho...
Related or Semi-related Video
Finance: What are petro dollars?8 Views
Finance allah shmoop what are petro dollars Well they're just
money received from the mining of this guy's blood and
guts because yeah oil that's where it comes from yesterday's
stegosaurus is today's refined petroleum and we're talking about a
massive amount of dollars here like you could call them
master dollars or t rex a dollars or try sarah
dollars big wealth in the nineteen seventies came from the
petro era in the same way that it's led today
by amazon facebook and google When oil prices suddenly spiked
in the seventies the people who won well they were
the ones who had massive oceans of it underground We're
looking atyou saudi arabia and you texas and in times
when there is so much money coming into a system
with a shock well the economic driver of that wealth
becomes a kind of currency itself In fact china's made
all kinds of noise about making their currency now and
oil standard upgrading from the old gold silver and bronze
medal of shame standard that western civilization well he used
to hold so dear petro dollars petro wealth were still
feeling it and weigh no that that makes this guy
Happy at least if you're happy and you know it 00:01:18.389 --> [endTime] never moved
Up Next
Misappropriation. Misrepresentation. Miss Independent. Yeah... we'll get into all the Little Misses here. (Hint: "mis" = "bad")
What are Angel Investors and Seed Funds? Angel investors provide the funds for small start-ups. They are usually family and friends (not institutio...