SALE-ROOM

\sˈe͡ɪlɹˈuːm], \sˈe‍ɪlɹˈuːm], \s_ˈeɪ_l_ɹ_ˈuː_m]\
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1914 - Nuttall's Standard dictionary of the English language
By Nuttall, P.Austin.
 
1871 - The Cabinet Dictionary of the English Language

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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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