Vis Major

Dictionary Says

Definition of 'Vis Major'

A Latin term meaning "act of God", or an occurrence that is neither caused by nor preventable by humans. In commercial contracts, vis major can also apply to actions undertaken by third parties that neither party to the contract can control, such as failure by a supplier or subcontractor to perform. The terms "vis major", "act of God" and "force majeure" are commonly used in contracts to exclude one or both parties from liability and/or obligation when events beyond their control occur.

Investopedia Says

Investopedia explains 'Vis Major'

Insurance contracts often exclude coverage for damage caused by vis major, such as tornadoes, hurricanes, earthquakes and floods. Sometimes these events can be insured against with a rider or separate, specialized policy. Also, a finding that an adverse event was caused by vis major can exempt a defendant in a lawsuit from liability.

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'Vis Major'

  • The Case For The Industrial Sector

    http://stocks.investopedia.com/stock-analysis/2011/The-Case-For-The-Industrial-Sector-VIS-XLI-GE-DOV-BA0803.aspx
    ... of those multi-line manufacturers being noted, all of the major industry groupings
    in ... an industrial fund like the Vanguard Industrials ETF (NYSE: VIS ) or the ...
  • Playing The USA Manufacturing Revival

    http://stocks.investopedia.com/stock-analysis/2011/Playing-The-USA-Manufacturing-Revival-XLI-VIS-ROLL-FAST-GWW-DE-LNN1202.aspx
    ... to several factors that will help the US come back as a major manufacturing center ...
    Investors can also use the Vanguard Industrials ETF (ARCA:VIS) as a broad play ...
  • Industrial-Sized Dividends

    http://stocks.investopedia.com/stock-analysis/2010/Industrial-Sized-Dividends-VIS-LECO-GGG-BGG-ITW1215.aspx
    ... The VIS only yields 1.1% and the Industrial Select Sector SPDR (NYSE:XLI) only 2.1 ...
    in the right direction, the industrial complex will be a major beneficiary of ...
  • Marvell Starting To Get Interesting

    http://stocks.investopedia.com/stock-analysis/2011/Marvel-Starting-To-Get-Interesting-MRVL-RIMM-BRCM-QCOM-TXN-WDC-CHL-STX-HIT1123.aspx
    ... The company has a major share in TD smartphones and China Mobile's (NYSE:CHL ... like
    the company's current competitive position in the smartphone market vis-a-vis ...
  • The Shape Of Dry Bulk Shipping

    http://stocks.investopedia.com/stock-analysis/2010/The-Shape-Of-Dry-Bulk-Shipping-GNK-EXM-DRYS-NM-EGLE0419.aspx
    ... Nasdaq:EGLE), DryShips (Nasdaq:DRYS) and Diana (NYSE:DSX) are all major names in
    the ... First, you can look at the basic operating philosophy vis-a-vis long-term ...
  • Broadening The Borders Of Your Portfolio

    http://www.investopedia.com/articles/mutualfund/05/IntlFunds.asp
    ... funds from which to choose, including funds in each of the major categories, as ... the
    UK securities the pound has appreciated, or become "stronger," vis-a-vis ...
  • 4 Strong Industrial Ways To Play The Recovery

    http://stocks.investopedia.com/stock-analysis/2010/4-Strong-Industrial-Ways-To-Play-The-Recovery-XLI-PX-ITW-FAST-PPG0407.aspx
    ... to their portfolios can do so with the Vanguard Industrials ETF (NYSE: VIS ... the downturn,
    so did PPG Industries (NYSE: PPG), as one of its major departments is ...
  • Make The Currency Cross Your Boss

    http://www.investopedia.com/articles/forex/05/CurrencyCross.asp
    ... As a result, while other major currencies like the euro, the yen and the pound have ...
    1 we have made the adjustment so that the returns are consistent vis a vis ...
  • Micron's Persistence Of Memory

    http://stocks.investopedia.com/stock-analysis/2011/Microns-Persistence-Of-Memory-MU-HPQ-DELL-SNDK-RIMM-NOK-RMBS1004.aspx
    ... A Tough End to the Year Although Micron disappointed vis-à-vis a lot of ... DRAM was
    quite weak (fueled by a major sequential price decline), and strength in NAND ...
  • 6 Stocks Outperforming The Entire S&P 500

    http://stocks.investopedia.com/stock-analysis/2009/6-Stocks-Outperforming-The-Entire-SP-500-WYNGNWODPFITBGCIIP1221.aspx
    ... à-vis other shares, that is, to measure the gain from a date specific market bottom.
    We had an opportunity this year to take such a reading. The major market ...

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