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The person, firm, or corporation to whom someone else is obligated under a contract.

The person, firm, or corporation to whom someone else is obligated under a contract.

Offensive to accepted standards of decency.

The decline in a property’s value which is unrelated to physical changes in the asset itself but which is instead due to changes in technology and public taste which render the property less desirable on the market. See Functional Obsolescence.

Something which is no longer in use.

To block up or impede.

Taking possession of property and using it. In insurance, implies the use of the building only for those purposes described in the policy.

Person who has use, possession or control of a thing.

(a) Possession; use. (b) That which takes up most of one’s time and energies, e.g., business or employment.

The risk of accident or disease which is associated with a specific occupation.