EDICT PERPETUAL

\ˈiːdɪkt pəpˈɛt͡ʃuːə͡l], \ˈiːdɪkt pəpˈɛt‍ʃuːə‍l], \ˈiː_d_ɪ_k_t p_ə_p_ˈɛ_tʃ_uː_əl]\

Definitions of EDICT PERPETUAL

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1856 - A Law Dictionary
By John Bouvier

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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.
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