These recommendations of the committee were adopted by the government and outstanding hereditary pensions were gradually commuted, the only ones left outstanding being those to Lord Rodney (?2000) and to Earl Nelson (?5000), both chargeable on
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the consolidated fund.
Political pensions
These are type sui generis as they either reward a career in domestic politics or are awarded in the colonial context not on
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grounds of justice, contract or socio-economic merits, but as a political decision, in order to take a politically significant person (often deemed a potential political danger) out of the picture by paying him or her off, regardless of seniority. The reason for such laws is that the classes of insured are deliberately engaging in activities that put others at risk of injury or loss. Such properties are generally shared among several insurers, or are insured by a
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single insurer who syndicates the risk into the reinsurance market.
Indemnification
The technical definition of "indemnity" means to make whole again. Events that contain speculative elements, such as ordinary business risks, are generally not considered insurable.
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In the US, an "annuity" generally refers to a deferred investment contract that, upon "annuitization," will make regular payments (e.g., on a monthly or annual basis) to a person (called the "annuitant") for a period certain, over one or more specified individuals' lifetimes, or over a combination of life and a period certain
Indeed, the "banker" may bet on Oregon poker the player hand if he or she wishes, or may pass the shoe along to another player — the role of the "banker" is merely ceremonial. It pays just as don't pass and also has odds in the same way.
Players are not supposed to handle the dice with more than one hand (such as passing them from hand to hand before rolling) nor take the dice past the edge of the table. It may be the origin of the American custom of awarding letters to high-school athletes, which are worn on a letterman's sweater or jacket.
The blazer has become a cultural symbol of intelligence stemming from their appearance around America and Europe in universities.
Etymology
The term 'blazer' of this variety originated with the red 'blazers' of the Lady Margaret Boat Club, the rowing club of St