What is the definition of Foundation exclusion clause? | Dictionary.net

FOUNDATION EXCLUSION CLAUSE

\fa͡ʊndˈe͡ɪʃən ɛksklˈuːʒən klˈɔːz], \fa‍ʊndˈe‍ɪʃən ɛksklˈuːʒən klˈɔːz], \f_aʊ_n_d_ˈeɪ_ʃ_ə_n ɛ_k_s_k_l_ˈuː_ʒ_ə_n k_l_ˈɔː_z]\

Definitions of FOUNDATION EXCLUSION CLAUSE

1910 - Black's Law Dictionary (2nd edition)

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Fire insurance section that calculates a property's total loss value by excluding the value of a property's foundation.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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