California Codes > Insurance Code > Division 2 > Part 1 > Chapter 1 > Article 4 – Effect of Course of Voyage
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Terms Used In California Codes > Insurance Code > Division 2 > Part 1 > Chapter 1 > Article 4 - Effect of Course of Voyage
- Amortization: Paying off a loan by regular installments.
- Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.