Indirect Claim

Indirect Claim

Claim of a financial intermediary; the intermediary relends funds to the deficit unit to enable it to acquire real assets.
References in periodicals archive ?
Gulf Times and QNBFS hereby disclaim any responsibility or any direct or indirect claim resulting from using this report.
Meanwhile, an Al-Qaeda-affiliated group warned Hezbollah of more attacks in the southern suburbs in what appeared to be an indirect claim of responsibility for Monday's suicide bombing in Tayyouneh.
An alternative explanation is that investors did not fully appreciate that tesobonos were a potential indirect claim on Mexico's international reserves.
The potential for displacement of populations as a result of these events could also have public health consequences increase liabilities of health and life insurers; Insurers and reinsurers have now focused additional attention on the possibility of indirect claims of this kind, adopting practices such as exclusions and increasing prices in order to mitigate the risks they present.
said that its indirect claimed auxiliary Sichuan Honghua International Co., Ltd.
In other situations, he was able to leverage results of negotiated liability claims reductions, lowering indirect claims costs (as well as direct claims costs).
However, the indirect claims through credit risk of the two banks were far more substantial, it added.
These include: entity coverage for securities claims; coverage for punitive damages; outside directorship liability; pollution exclusion modification to allow for defense costs for certain indirect claims; legal expenses for governmental investigations; automatic subsidiary coverage; broad definition of claims to include coverage for regulatory proceedings; and noncancelable policies.