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Automotive dictionary (encyklopedia)

Dictionary of terms and abbreviations for cars (automobiles), motorcycles (bikes),
bicycles, boats, engines, machines, machining and car fixing.

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Grey market

The grey market describes the purchase by intermediaries of product which is not supplied to them by the "authorized" distribution channel of the supplier. Thus, a warehouse club in Canada that sells a stereo bought in the U.S. or elsewhere from other than the manufacturer is supplying grey market goods. While grey market products are frequently the same as would be available from conventional channels in Canada, the grey market assumes responsibility for service or repair where the manufacturer declines this support.
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Basic Information About Full Coverage Auto Insurance

Full coverage is a common term used in car insurance. However, it has many different meanings to many different people. This is because full coverage auto insurance depends on the needs and requirements of the person buying it. In addition, not all insurance companies have the same rules when it comes to the actual coverage it includes. It is not a “buy-1-take-all” kind of insurance policy. The coverage it includes may still vary, and if it is your first time to buy auto insurance, you need to know the basic terms used.

What comprises basic full coverage auto insurance? Check your policy offer if it includes the following:

Minimum Liability Coverage

(...)

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