Quarry. an open-cut operation for mining coal, ores, and nonmetallic materials. In the coal industry the quarry is called a pit, and in ore mining it is sometimes referred to as a mine. The word âquarryâ is also used for the excavations created by open-cut operations.
About the AG. Master Settlement Agreement. Under the Master Settlement Agreement, seven tobacco companies agreed to change the way they market tobacco products and to pay the states an estimated $206 billion.
Life settlements present a third option: selling your policy (or the right to receive the death benefit) to an entity other than the insurance company that issued the policy. That transaction is known as a life settlement. The life settlement market emerged as an offshoot of the viatical settlement industry that developed in the 1980s as a source of liquidity for AIDS patients and other terminally ill policyholders with life expectancies of less than two years.