Definition
Inevitable, unpredictable, and unreasonably severe event caused by natural forces without any human interference, and over which an insured party has no control, such as an earthquake, flood, hurricane, lightning, snowstorm. Acts of God are insurable accidents and valid excuses for non-performance of a contract. Also called act of nature. See also force majeure.
Related Articles
- Buy and Hold Stock Strategy *
- Which High Return Investment Is Right For Your Retirement Savings? *
- Introduction to Buying a Home *
- Basic Mutual Fund Concepts *
- Categories of Stocks *
- What is Investing? *
- ECN's and Online, Day and Active Trading *
- A Safe Retirement - Custodians, Rollovers, and IRAs *
Related Videos
http://www.businessdictionary.com/definition/act-of-God.html


