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ADVANCE SETTLEMENT
\ɐdvˈans sˈɛtə͡lmənt], \ɐdvˈans sˈɛtəlmənt], \ɐ_d_v_ˈa_n_s s_ˈɛ_t_əl_m_ə_n_t]\
Definitions of ADVANCE SETTLEMENT
1910 - Black's Law Dictionary (2nd edition)
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In
INSURANCE
,
payment
of
a
CLAIM
by
the
INSURER
to
the
INSURED
prior
to
the
settlement
date
.
1910
- Black's Law Dictionary (2nd edition)
By Henry Campbell Black
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advance premium
advance procurement
advance purchase fare
advance purchase rate
advance refunding
ADVANCE SETTLEMENT
advance shipping note (asn)
advance-decline
advance-decline (a-d) ratio
advance/decline line (a/d or ad)
advanced
