Assurance

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1. Financial and other reporting.

The practice and outcome of independent review work on financial reporting or other information, designed to enhance the credibility of the information.

A common example is an independent financial audit.


2. Risk evaluation - risk management.

A high degree of belief that matters are as stated, as expected, or otherwise acceptably low risk.


3. Insurance.

Life assurance - also known as life insurance - is a type of insurance which most commonly pays out to dependants on the death of the insured person.


See also