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GRADED PREMIUM
\ɡɹˈe͡ɪdɪd pɹˈiːmi͡əm], \ɡɹˈeɪdɪd pɹˈiːmiəm], \ɡ_ɹ_ˈeɪ_d_ɪ_d p_ɹ_ˈiː_m_iə_m]\
Definitions of GRADED PREMIUM
1910 - Black's Law Dictionary (2nd edition)
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The
beginning
premium
of
a
contract
is
low
and
increases
over
time
based
on
a
schedule
.
1910
- Black's Law Dictionary (2nd edition)
By Henry Campbell Black
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