HARDIMENT
\hˈɑːdɪmənt], \hˈɑːdɪmənt], \h_ˈɑː_d_ɪ_m_ə_n_t]\
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By Oddity Software
By Noah Webster.
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.