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  2. Reservation of rights - Wikipedia

    en.wikipedia.org/wiki/Reservation_of_rights

    A reservation of rights by a liability insurance company is an expression of the insurer’s agreement to defend its policyholder with the limiting condition [3] that it does not waive any right to later deny coverage under the terms of insurance contract. A reservation of rights permits an insurer to fulfill its broad duty to defend [4] while ...

  3. Title retention clause - Wikipedia

    en.wikipedia.org/wiki/Title_retention_clause

    Title retention clause. A retention of title clause (also called a reservation of title clause or a Romalpa clause in some jurisdictions) is a provision in a contract for the sale of goods that the title to the goods remains vested in the seller until the buyer fulfils certain obligations (usually payment of the purchase price).

  4. Airline ticket - Wikipedia

    en.wikipedia.org/wiki/Airline_ticket

    The airline ticket may be one of two types: a paper ticket, which comprises coupons or vouchers; and an electronic ticket (commonly referred to as an e-ticket). The ticket, in either form, is required to obtain a boarding pass during check-in at the airport. Then with the boarding pass and the attached ticket, the passenger is allowed to board ...

  5. Letter of intent - Wikipedia

    en.wikipedia.org/wiki/Letter_of_intent

    A letter of intent (LOI or LoI, or Letter of Intent) is a document outlining the understanding between two or more parties which they intend to formalize in a legally binding agreement. The concept is similar to a heads of agreement, term sheet or memorandum of understanding. Merger and acquisition agreements, [1] joint venture agreements, real ...

  6. Record locator - Wikipedia

    en.wikipedia.org/wiki/Record_locator

    Record locator. In airline reservation systems, a record locator is an alphanumeric code used to identify and access a specific record on an airline’s reservation system. An airline’s reservation system automatically generates a unique record locator whenever a customer makes a reservation or booking, commonly known in the industry as an ...

  7. Passenger name record - Wikipedia

    en.wikipedia.org/wiki/Passenger_name_record

    For other uses, see PNR (disambiguation). A passenger name record (PNR) is a record in the database of a computer reservation system (CRS) that contains the itinerary for a passenger or a group of passengers travelling together. The concept of a PNR was first introduced by airlines that needed to exchange reservation information in case ...

  8. Table reservation - Wikipedia

    en.wikipedia.org/wiki/Table_reservation

    Table reservation. A table reservation is an arrangement made in advance to have a table available at a restaurant. While most restaurants in the vast majority of the world do not require a reservation, and some do not have a policy or simply any channel for making one, so-called higher-end restaurants mainly in overcrowded cities often require ...

  9. Airline reservations system - Wikipedia

    en.wikipedia.org/wiki/Airline_reservations_system

    Airline reservations system. Airline reservation systems (ARS) are systems that allow an airline to sell their inventory (seats). It contains information on schedules and fares and contains a database of reservations (or passenger name records) and of tickets issued (if applicable). ARSs are part of passenger service systems (PSS), which are ...

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