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Today's Terms
No-Fault Auto Insurance
Definition:
Some states are adopting a no fault auto insurance system which requires you to have minimum insurance in the event you're injured. Your insurance company automatically pays for your damages, regardless of who is at fault for the accident.
Years of Potential Life Lost (YPLL)
Definition:
Calculated based on the following equation: YPLL = Fixed Age - Age at death. Usually the fixed age is 65 or 70, or the life expectancy of the group in question.
Subpoena
Definition:
Document issued by the authority of the court to compel a witness to appear and give testimony or produce documentary evidence in a proceeding. Failure to appear or produce is punishable by contempt of court.
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