SALE,

\sˈe͡ɪl], \sˈe‍ɪl], \s_ˈeɪ_l]\

Definitions of SALE,

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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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