BNET Business Dictionary

Business Definition for: Claim

  • a official request for money, usually in the form of compensation, from an individual or organization

Wiktionary Definition for: Claim

  • #A demand of ownership made for something (eg. claim ownership, claim victory)
  • #A new statement of truth made about something
  • #A demand of ownership for previously unowned land (eg. in the gold rush, oil rush)
  • #demanding ownership of something
  • #to state a new fact
  • #demand ownership or right to use for land

Additional Resources

How to File a Homeowners Insurance Claim
Filing a claim on your house every time you experience damage isn?t always the best strategy, especially when the claim is small. Here?s how to figure out when it pays to make a claim ? and how to make sure you get the most money back when you do. ...
Tags: Insurance Company, Claim, MoneyWatch, Insurance, Financial Planning, Business Operations, Corporate Insurance, Finance, Nancy Smith, Hurricane Ida, Tropical Storm Ida, Homeowners Insurance, Insurance Premiums, Homeowners Policy, Hurricane Season, Comprehensive Loss Underwriting Exchange, CLUE, Public Claims Adjuster, Nancy F. Smith
Articles 2009-11-11
ISO claim-scoring system expedites claim processing.(Technology Tools)
Insurance Services Office has introduced ClaimDirector, a fraud-fighting resource that analyzes claim attributes and industry-wide claim histories to produce a claim-handling score. Insurance Services Office has introduced ClaimDirector, a fraud-fighting resource that analyzes claim attributes and industry-wide claim histories to produce a...
Tags: ISO, tool
Research articles 2003-09-01
Accenture claim components available for Microsoft .NET. (Technology Tools).
Accenture has released Claim Components Release 5.0, its web-based claim application designed using Microsoft's .NET software. The program is designed to help insurers update their claim systems, reduce technology development costs and risks, and imp Accenture has released Claim Components Release 5.0, its web-based claim...
Tags: Accenture Ltd., Microsoft .NET, Microsoft Corp., tool
Research articles 2003-07-01
GE names Jones claim leader.(Companies)
GE Commercial Insurance, a division of GE's Employers Reinsurance, has appointed Brian Jones claim leader. In his new position, Jones will be responsible for the company's claim strategy, monitoring claim disposition, and supervising regional offi GE Commercial Insurance, a division of GE's Employers...
Tags: General Electric Co., leader
Research articles 2003-12-01
Defending Yourself Against a Fraud Claim Arising Out of a Contractual Relationship
When a business or other contractual relationship sours, resulting in economic loss and hard feelings, it is a safe bet that litigation will follow. Although highly difficult to prove, fraud claims can lead to significant risks, burdens and expenses that might not exist with respect to a run-of-the-mill breach of...
Tags: Fraud, Fraud Claim, Litigation, Business Operations
White papers 2003-05-20
Elscint Ltd. Announces Receipt of Mr. Yonatan Aderet's Claim
HAIFA, Israel--BUSINESS WIRE--Sept. 7, 1999-- Elscint Ltd. (NYSE: ELT), a subsidiary of Elbit Medical Imaging Ltd. (Nasdaq: EMITF) ("the Company"), announced today that it has been served with a Statement of Claim ("the Claim"), as well as a motion that the Claim be recognized as a representative class actiona...
Tags: Business Wire, Company, FINANCE, Investment, shareholder
Research articles 1999-09-07
Elbit Medical Imaging Ltd. Announces Receipt of Mr. Yonatan Aderet's Claim
TEL-AVIV, Israel--BUSINESS WIRE--Sept. 7, 1999-- Elbit Medical Imaging Ltd. (NASDAQ: EMITF) announced today that it has been served with a Statement of Claim ("the Claim"), as well as a Motion that the Claim be recognized as a representative class action claim ("the Motion"). The Claim and the Motion...
Tags: Business Wire, Company, FINANCE, Investment, shareholder
Research articles 1999-09-07
Elbit Medical Imaging Ltd. Announces receipt of Claim
TEL-AVIV, Israel--BUSINESS WIRE--September 22, 1999-- Elbit Medical Imaging Ltd. (NASDAQ: EMITF) announced today that it has been served with a Statement of Claim ("the Claim"), as well as a Motion that the Claim be recognized as a representative class action claim ("the Motion"). The Claim and the Motion...
Tags: Company, FINANCE, shareholder
Research articles 1999-09-22
Elscint Ltd. Announces receipt of Claim
HAIFA, Israel--BUSINESS WIRE--September 22, 1999-- Elscint Ltd. (NYSE: ELT), a subsidiary of Elbit Medical Imaging Ltd. (Nasdaq: EMITF) ("the Company"), announced today that it has been served with a Statement of Claim ("the Claim"), as well as a motion that the Claim be recognized as a representative class action...
Tags: Business Wire, Company, FINANCE
Research articles 1999-09-22
Judge Rules For Universal But Lets Redbox Antitrust Claim Stand
DVD rental biz Redbox took a big hit in its efforts to sue several Universal Studios units over a policy withholding new releases from vending machines for 45 days. After a months-long delay, U.S. District Judge Robert Kugler dismissed two counts in the suit late Monday, in a 13-page...
Tags: Universal Studios, DVD, Consumer Electronics, Personal Technology, Home Entertainment, Entertainment, Movies, Legal, Companies, NBC Universal, News Corp., Fox, Vivendi, Universal Music Group, Staci D. Kramer
External links 2009-08-18
Burden of Proof for a Legal Fraud Claim Is Confused and Unsettled
Legal fraud consists of (1) a material representation of a presently existing or past fact, (2) made with knowledge of its falsity and (3) with the intention that the other party rely thereon, (4) resulting in reliance by that party (5) to his or her detriment. Until the mid-1980s, the...
Tags: Fraud, ALM Properties, Litigation, Business Operations
White papers 2002-10-07
The Federal Circuit And Claim Construction: Resolving The Conflict Between The Claims And The Written Description
The Federal Circuit's use of conflicting claim construction canons confused patentees and practitioners and made determining the scope of a patent uncertain. In Teleflex, the Federal Circuit resolved the confusion by providing a comprehensive standard that finally establishes a clear relationship between a patent's claims and the written description. The...
Tags: Patent, Claim, Federal Circuit
White papers 2002-10-01
If It Looks Like a Claim and Sounds Like a Claim, Is It a Claim for Reinsurance Purposes
Claims are a natural and expected outcome of any insurance relationship. But is a claim for insurance purposes a claim for reinsurance purposes? The answer is, it depends as this article explains. Under a traditional third-party liability insurance contract, the insurance company has the duty to defend the insured against...
Tags: Reinsurance, Claims, Insurance, Financial Planning, Business Operations, Corporate Insurance, Finance
White papers 2001-12-01
Quit-Claim Deed
A quit-claim deed is a term used in property law to describe a document by which a person (the "Grantor") disclaims any interest the grantor may have in a piece of real property and passes that claim to another person the grantee. A quitclaim deed neither warrants nor professes that...
Tags: Deed, Home Business Online
Tools & templates 2007-12-01
TV license renewal '96; applications show stations claim to average four hours of programming a week. (of children's programming)(Brief Article)
Applications show stations claim to average four hours of programing a week The first batch of TV stations now bidding for license renewal at the FCC claim to be airing about four hours a week of children's educational programing. ...
Tags: FCC, programming, renewal
Research articles 1996-06-17
Updates; Equitable drops part of negligence suit.(Equitable Life Assurance Society withdraws part of its claim against Ernst & Young L.L.P)(Department of Trade and Industry of United Kingdom new corporate law)(Munich Reinsurance Co reserve boosts)
Equitable Life Assurance Society has dropped part of its negligence claim against its former auditors, Ernst & Young. The failed life insurer has withdrawn its "lost sale'' claim against the auditor, but it is still claiming u700 million ($1 Equitable Life Assurance Society has dropped part...
Tags: Ernst & Young LLP, corporate law
Research articles 2005-07-25
Barley products gain health claim
Food and Drug Administration FDA announced that certain products containing whole grain barley are allowed to claim that they reduce the risk of coronary heart disease. The new claim is an amendment to CFR 101.81, which authorizes a health daim for oat Food and Drug Administration FDA announced that certain...
Tags: FDA, grain, health care, whole grain
Research articles 2006-02-01
ICA revises reference for claim administration. (NEW RELEASES).
The International Claim Association has published Claim Administration: Principles and Practices, 3rd Edition. Developed as a textbook for use in the claims education program, it has been substantially revise and updated. The International Claim Association has published Claim Administration: Principles and Practices,...
Tags: ICA Corp.
Research articles 2001-11-01
World Updates; Merrill Lynch faces $13 million bias claim.(International)(Merrill Lynch & Co. Inc.)
A former U.K. employee of investment bank Merrill Lynch & Co. Inc. is seeking compensation of around [pounds sterling]7 million ($12.9 million) in a claim alleging unfair dismissal and sexual discrimination. If the claim is successful, the award A former U.K. employee of investment bank...
Tags: insurance company, Merrill Lynch & Co. Inc.
Research articles 2004-06-14
ISO unites COA, claim database. (Ventures).
ISO is electronically connecting its Claims Outcome Advisor bodily injury claim management system with ClaimSearch, the property/casualty all-claim database. Future connection features include direct links to ISO's ClaimSearch for comprehensive inves ISO is electronically connecting its Claims Outcome Advisor bodily injury claim management system with...
Tags: database, ISO
Research articles 2002-04-01
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