The Sun's Energy Doesn't Come From Fusing Hydrogen Into Helium (Mostly) Ethan Siegel, Contributor The Sun is the sources of the overwhelming majority of light, heat, and energy on Earthâs surface, and is powered by nuclear fusion.
Equity claim. Also called a residual claim; a claim to a share of earnings after debt obligations have been satisfied. Equity Claim. The right of a shareholder or some other party to the profit of a company after all prior obligations have been paid. Equity claims are perhaps most important in the event of the company's liquidation.
Insurance retention (IR) is the portion of an insurance claim not covered by the insurance company. It is that portion of any loss paid by the insured. A deductible is the most common example of insured retention although there are other types of retentions. An insurance deductible on a liability policy is the amount that must be paid or reimbursed by the insured for each claim paid by the insurance company. In the case of third party claims, insurance companies must pay any legitimate covered claim and seek reimbursement of the deductible from their insured.