Definition: The process of getting goods or services by using the resources or employees that are already part of a company, instead of relying on outside sources.

Example: The company decided on insourcing to reduce costs and improve efficiency.

Definition: To bring a process or service that was previously outsourced back in-house, meaning it is handled within the organization instead of by an external provider.

Example: The company decided to insource its customer service to improve quality and reduce costs.

Definition: A part of a payment that is made at regular intervals until a debt is fully paid off.

Example: I will pay for the car in three installments over the next few months.

Definition: A part of a payment that is made regularly over a period of time, rather than paying the full amount at once.

Example: I decided to pay for the new car in monthly instalments.

Definition: The state of not having enough of something, such as resources or abilities, to meet a need or requirement.

Example: The project was delayed due to an insufficiency of funds.

Definition: Not enough in quantity, quality, or degree; lacking what is necessary.

Example: The report was rejected due to insufficient data.

Definition: The quality or condition that allows something to be covered by insurance, meaning an insurance company is willing to provide a policy for it.

Example: The insurability of the property was assessed before the insurance policy was issued.

Definition: Able to be covered by an insurance policy or agreement.

Example: The car is insurable because it meets all the safety requirements.

Definition: Not a valid English word.

Example: Not available

Definition: A system or agreement that provides financial protection against loss or damage, usually in exchange for regular payments.

Example: Many people buy health insurance to help cover medical expenses.

Definition: A person who is covered by an insurance policy.

Example: As an insurant, she felt secure knowing her health expenses were covered.

Definition: To purchase a policy that provides financial protection against loss or damage.

Example: Many people choose to insure their homes against natural disasters.

Definition: To arrange for financial protection against loss or damage, typically by paying a premium to an insurance company.

Example: He decided to insure his house against fire damage.