LESSOR'S INTEREST

\lˈɛsəz ˈɪntɹəst], \lˈɛsəz ˈɪntɹəst], \l_ˈɛ_s_ə_z ˈɪ_n_t_ɹ_ə_s_t]\

Definitions of LESSOR'S INTEREST

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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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