\stɹˈa͡ɪe͡ɪtɪd], \stɹˈaɪeɪtɪd], \s_t_ɹ_ˈaɪ_eɪ_t_ɪ_d]\
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By Daniel Lyons
By Nuttall, P.Austin.
By Henderson, I. F.; Henderson, W. D.
Word of the day
- When an insurer must take their share the losses based on a fixed variable percentage or monetary value. Refer to excess of loss agreement.