This page provides hashtags, wiki & search data, images and meanings of the abbreviation GVWBT. Below, you also find the detailed meaning of each letter in the GVWBT acronym.
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GVWBT has a life path of 2. GVWBT means:
Insurance is known to have existed for centuries, as early as the 4000-3000BC. It is recorded that bottomry contracts were agreed between Babylonian traders. Similarly, it was practiced by the Hindus as early as 600 BC, this same concept was understood by ancient Greece by 400BC. Bottomry was a contract in which terms about a ship going for a specific journey or a given period its owner could borrow money and put the ship as security in case of any peril the lender loses his money. In 1666 after the Great Fire of London many insurance companies came into existence, like the Lloyd’s of London. One of the natural wants in human nature after food, shelter and clothing is the hunt of security. Due to fluctuating economic situations existing in life there is possibility of losing the economic security, hence, the existence of insurance. Insurance can be seen as an agreement in which after a stated payment called the premium is made to the insurance company. The insurer can pay part...
GVWBT acronym or abbreviation means:
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