Economic Damages, Employer of Record, Equity, Escrow and more. Each definition explains what the term means and why it changes a number.
Losses with a receipt behind them: medical bills, lost wages, property damage, future care.
Why it matters: They form the floor of a claim and the base from which non-economic damages are usually calculated.
Run the personal injury settlement →A company that legally employs staff on your behalf in a country where you have no entity.
Why it matters: It turns a months-long incorporation project into a hiring decision you can reverse.
Run the global eor cost →The difference between a property's market value and the debt secured against it.
Why it matters: It is an asset you cannot spend without either borrowing against it or selling.
Run the home sale net proceeds →An account held by the lender to collect and pay property tax and insurance alongside the mortgage payment.
Why it matters: It is why the quoted principal and interest figure is rarely what actually leaves your account.
Run the mortgage payment →The probability-weighted average of all possible outcomes of a decision.
Why it matters: It is the correct way to compare a certain settlement against an uncertain trial, provided the probability is honest.
Run the settlement vs trial →The rule that workers compensation is generally the only claim an employee may bring against their employer.
Why it matters: It is why identifying a liable third party is the single most valuable step in a workplace injury case.
Run the construction accident claim →Coverage sitting above a primary policy, paying only once the primary limit is exhausted.
Why it matters: It is why commercial vehicle claims are valued differently from ordinary collisions.
Run the truck accident claim →A policy that pays only after an underlying primary limit is exhausted.
Why it matters: It is the layer that makes large commercial claims collectible rather than theoretical.
Run the truck accident claim →A clause removing a specific cause of loss from cover, such as flood, wear or gradual seepage.
Why it matters: Most denied claims turn on an exclusion rather than on a dispute about the facts.
Run the water damage restoration & claim →A payment made without admitting liability, often to close a disputed claim quickly.
Why it matters: Accepting one usually requires signing a release, so read what rights it extinguishes.
Run the insurance claim value →The annual percentage a fund charges against assets, deducted before any return reaches you.
Why it matters: Half a percent a year compounds into a substantial share of a lifetime portfolio.
Run the compound interest →The portion of a paid premium corresponding to coverage already provided.
Why it matters: It determines what is refundable if you cancel a policy mid-term.
Run the auto insurance cost →Total tax divided by total income, as opposed to the marginal rate on the last dollar.
Why it matters: It is the honest measure of what you pay, and it is always lower than the top bracket.
Run the tax refund →A surveyed document recording a building's height relative to the base flood elevation.
Why it matters: It can cut a flood premium substantially and is often worth more than the survey costs.
Run the flood insurance cost & coverage →The power of government to take private property for public use with just compensation.
Why it matters: What counts as just compensation is negotiable, and initial offers are frequently low.
Run the home sale net proceeds →An amendment adding, removing or changing coverage on an existing policy.
Why it matters: A replacement-cost endorsement is usually cheap and worth several thousand at claim time.
Run the insurance claim value →A term automatically raising your offer above competing bids up to a stated ceiling.
Why it matters: It wins competitive bids but reveals your maximum, which weakens later negotiation.
Run the cash offer vs listing →The annual review reconciling collected escrow against actual tax and insurance costs.
Why it matters: It is why a fixed-rate mortgage payment still changes once a year.
Run the mortgage payment →Quarterly payments made by those without withholding, such as the self-employed.
Why it matters: Missing them creates penalties even when the annual return is filed correctly and on time.
Run the self-employment tax →Property protected from creditors in bankruptcy under state or federal law.
Why it matters: Whether your home equity is exempt largely decides whether Chapter 7 is a clean route.
Run the debt relief vs bankruptcy →A qualified specialist permitted to give opinion evidence on a technical issue.
Why it matters: Expert fees are usually the largest single line in advanced case costs.
Run the settlement vs trial →