Meaning: Causing or capable of causing harm. Context examples: too much sun is harmful to the skin / harmful effects of smoking. Similar: counterproductive (tending to hinder the achievement of a goal) damaging; detrimental; prejudicial; prejudicious ((sometimes followed by 'to') causing harm or injury) ill (resulting in suffering or adversity)
Definition of 'Exclusions'. Definition: Exclusions are the cases for which the insurance company does not provide coverage. These are the conditions excluded from the insured event to avoid losses to the company. Description: Life insurance contracts have certain specified provisions and clauses which have to be fulfilled so that the claim can be considered valid.
DEFINITION of 'Annual Exclusion'. The amount of money that may be transferred by gift from one person to another each year without incurring a gift tax or affecting the unified credit. This amount can be transferred in the form of cash or other assets. BREAKING DOWN 'Annual Exclusion'.