Watch for these three
Expense ratio, own-occupation and reasonable compensation. Each is a short phrase that quietly determines a large financial outcome.
Jargon is a pricing strategy. Terms that could be explained in a sentence are kept opaque because confusion is profitable at the point of sale. Every definition here is written to be understood the first time, and links to the guide where the term actually matters.
A definition that tells you what a word means but not why it matters is only half useful. Where a term changes a decision, the entry says so and links to the analysis.
Expense ratio, own-occupation and reasonable compensation. Each is a short phrase that quietly determines a large financial outcome.
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