APPRAISEMENT
\ɐpɹˈe͡ɪzmənt], \ɐpɹˈeɪzmənt], \ɐ_p_ɹ_ˈeɪ_z_m_ə_n_t]\
Sort: Oldest first
By Nuttall, P.Austin.
By Stormonth, James, Phelp, P. H.
Word of the day
PROPORTIONAL AGREEMENT
- When an insurer must take their share the losses based on a fixed variable percentage or monetary value. Refer to excess of loss agreement.