BRIEFLY
\bɹˈiːfli], \bɹˈiːfli], \b_ɹ_ˈiː_f_l_i]\
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By Princeton University
By DataStellar Co., Ltd
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.