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Prize Indemnity Insurance
Prize indemnity insurance is indemnification insurance for a promotion in which the participants are offered the chance to win prizes. Instead of keeping cash reserves to cover large prizes, the promoter pays a premium to an insurance company, which then reimburses the insured should a prize be given away. Hole-in-one insurance One of the earliest and most common forms of prize indemnity insurance is hole-in-one insurance. Hole-in-one insurance, often purchased by a golf tournament host or sponsor, reimburses tournament organizers for the cost of awarding a hole-in-one prize in the event a tournament participant successfully hits a hole-in-one during the tournament. According to the newspaper ''USA Today'', the odds of an amateur golfer hitting a hole in one on an arbitrary par 3 hole are about 1 in 12,500. These low odds allow golf tournaments to offer expensive prizes to golfers able to hit a hole-in-one during tournament play. In order to be able to afford such expensive ...
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Indemnity
In contract law, an indemnity is a contractual obligation of one party (the ''indemnitor'') to compensate the loss incurred by another party (the ''indemnitee'') due to the relevant acts of the indemnitor or any other party. The duty to indemnify is usually, but not always, coextensive with the contractual duty to "hold harmless" or "save harmless". In contrast, a "guarantee" is an obligation of one party (the ''guarantor'') to another party to perform the promise of a relevant other party if that other party defaults. Indemnities form the basis of many insurance contracts; for example, a car owner may purchase different kinds of insurance as an indemnity for various kinds of loss arising from operation of the car, such as damage to the car itself, or medical expenses following an accident. In an agency context, a principal may be obligated to indemnify their agent for liabilities incurred while carrying out responsibilities under the relationship. While the events giving ris ...
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Casino
A casino is a facility for certain types of gambling. Casinos are often built near or combined with hotels, resorts, restaurants, retail shopping, cruise ships, and other tourist attractions. Some casinos are also known for hosting live entertainment, such as stand-up comedy, concerts, and sports. and usage ''Casino'' is of Italian origin; the root means a house. The term ''casino'' may mean a small country villa, summerhouse, or social club. During the 19th century, ''casino'' came to include other public buildings where pleasurable activities took place; such edifices were usually built on the grounds of a larger Italian villa or palazzo, and were used to host civic town functions, including dancing, gambling, music listening, and sports. Examples in Italy include Villa Farnese and Villa Giulia, and in the US the Newport Casino in Newport, Rhode Island. In modern-day Italian, a is a brothel (also called , literally "closed house"), a mess (confusing situation), or a noisy ...
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RTL Group
RTL Group (for "Radio Television Luxembourg") is a Luxembourg-based international media conglomerate, with another corporate centre in Cologne, Germany. The company operates 68 television channels and 31 radio stations in Germany, France and other European countries. It also offers national streaming platforms, content productions and a range of digital services. Important segments of RTL Group are RTL Deutschland, Groupe M6, Fremantle and RTL Nederland. The company, in its present form, was established by Bertelsmann, Groupe Bruxelles Lambert (GBL) and Pearson in the year 2000. Over the years, Bertelsmann, a conglomerate based in the German city of Gütersloh, continued to increase its stake in RTL Group and currently owns just over 75% of the shares in the company after holding a stake of more than 90% in the past. RTL Group is one of a total of eight divisions of Bertelsmann: It is responsible for more than a third of its revenue and a large share of its operating profit. ...
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Game Show
A game show is a genre of broadcast viewing entertainment (radio, television, internet, stage or other) where contestants compete for a reward. These programs can either be participatory or Let's Play, demonstrative and are typically directed by a game show host, host, sharing the rules of the program as well as commentating and narrating where necessary. The history of game shows dates back to the invention of television as a medium. On most game shows, contestants either have to answer questions or solve puzzles, typically to win either money or prizes. Game shows often reward players with prizes such as cash, trips and goods and services provided by the show's sponsor. History 1930s–1950s Game shows began to appear on radio and television in the late 1930s. The first television game show, ''Spelling Bee (game show), Spelling Bee'', as well as the first radio game show, ''Information Please'', were both broadcast in 1938; the first major success in the game show genre was ...
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Field Goal (football)
A field goal (FG) is a means of scoring in gridiron football. To score a field goal, the team in possession of the ball must place kick, or drop kick, the ball through the goal, i.e., between the uprights and over the crossbar. The entire ball must pass through the vertical plane of the goal, which is the area above the crossbar and between the uprights or, if above the uprights, between their outside edges. American football requires that a field goal must only come during a play from scrimmage (except in the case of a fair catch kick) while Canadian football retains open field kicks and thus field goals may be scored at any time from anywhere on the field and by any player. The vast majority of field goals, in both codes, are place kicked. Drop kicked field goals were common in the early days of gridiron football but are almost never done in modern times. In most leagues, a successful field goal awards three points (a notable exception is six-man football in which, due to t ...
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Safety (American Football Score)
In gridiron football, the safety (American football) or safety touch (Canadian football) is a scoring play that results in two points being awarded to the scoring team. Safeties can be scored in a number of ways, such as when a ball carrier is tackled in his own end zone or when a foul is committed by the offense in their own end zone. After a safety is scored in American football, the ball is kicked off to the team that scored the safety from the 20-yard line; in Canadian football, the scoring team also has the options of taking control of the ball at their own 35-yard line or kicking off the ball, also at their own 35-yard line. The ability of the scoring team to receive the ball through a kickoff differs from the touchdown and field goal, which require the scoring team to kick the ball off to the scored upon team. Despite being of relatively low point value, safeties can have a significant impact on the result of games, and Brian Burke of Advanced NFL Stats estimated that s ...
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Touchdown
A touchdown (abbreviated as TD) is a scoring play in gridiron football. Whether running, passing, returning a kickoff or punt, or recovering a turnover, a team scores a touchdown by advancing the ball into the opponent's end zone. In American football, a touchdown is worth six points and is followed by an extra point or two-point conversion attempt. Description To score a touchdown, one team must take the football into the opposite end zone. In all gridiron codes, the touchdown is scored the instant the ball touches or "breaks" the plane of the front of the goal line (that is, if any part of the ball is in the space on, above, or across the goal line) while in the possession of a player whose team is trying to score in that end zone. This particular requirement of the touchdown differs from other sports in which points are scored by moving a ball or equivalent object into a goal where the whole of the relevant object must cross the whole of the goal line for a score to be a ...
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Kickoff (American Football)
A kickoff is a method of starting a drive in gridiron football. Typically, a kickoff consists of one team – the "kicking team" – kicking the ball to the opposing team – the "receiving team". The receiving team is then entitled to ''return'' the ball, i.e., attempt to advance it towards the kicking team's end zone, until the player with the ball is tackled by the kicking team, goes out of bounds, scores a touchdown, or the play is otherwise ruled dead. Kickoffs take place at the start of each half of play, the beginning of overtime in some overtime formats, and after scoring plays. Common variants on the typical kickoff format include the onside kick, in which the kicking team attempts to regain possession of the ball; a touchback, which may occur if the ball is kicked into the receiving team's end zone; or a fair catch, in which a player on the receiving team asks to catch the ball without interference from the kicking team, waiving his entitlement to attempt a return rush ...
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2005 Super Bowl
Super Bowl XXXIX was an American football game played between the American Football Conference (AFC) champion New England Patriots and the National Football Conference (NFC) champion Philadelphia Eagles to decide the National Football League (NFL) champion for the 2004 season. The Patriots defeated the Eagles by the score of 24–21. The game was played on February 6, 2005, at Alltel Stadium in Jacksonville, Florida, the first time the Super Bowl was played in that city. The Patriots, who entered the Super Bowl after compiling a 14–2 regular season record, became the most recent team to win consecutive Super Bowls (). New England also became the second team after the Dallas Cowboys to win three Super Bowls in four years, cementing their status as the NFL dynasty of the 2000s. The Eagles were making their second Super Bowl appearance since 1981 after posting a 13–3 regular season record. Nearly 13 years later, the two exact teams would meet again in Super Bowl LII with ...
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Retail
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision ...
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Insurance
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by ...
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Half Court
Half-court is a term used in basketball for the middle of the court. A half court shot taken from the half-court, referred to as a half-court shot, is a shot taken from beyond the 3-pointer line as defined by a semicircular line before the 2-pointer zone. Anything beyond the half-court line and on the side of the court a team or player is defending is considered a full-court shot. It is most commonly used as a buzzer beater as here is a limited amount of time before a turnover. It is also used as a streetball term where the teams only use half of the full court. The most common backcourt shot style is known as "the Runner". If the shooter has a few seconds to spare, "the Runner" can be used to shorten the distance to the rim while also adding extra power to the shot. Other backcourt shot styles include: "the Sheed" (named after Rasheed Wallace); "the Contested Prayer"; and "the Zoran". Since an NBA game court is long, the midcourt line is away from each baseline. Half-court shots ...
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