HOSPES GENERALIS

\hˈɒsps d͡ʒˌɛnəɹˈɑːliz], \hˈɒsps d‍ʒˌɛnəɹˈɑːliz], \h_ˈɒ_s_p_s dʒ_ˌɛ_n_ə_ɹ_ˈɑː_l_i_z]\

Definitions of HOSPES GENERALIS

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

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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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