What is the definition of Profit and commissions insurance? | Dictionary.net

PROFIT AND COMMISSIONS INSURANCE

\pɹˈɒfɪt and kəmˈɪʃənz ɪnʃˈʊ͡əɹəns], \pɹˈɒfɪt and kəmˈɪʃənz ɪnʃˈʊ‍əɹəns], \p_ɹ_ˈɒ_f_ɪ_t a_n_d k_ə_m_ˈɪ_ʃ_ə_n_z ɪ_n_ʃ_ˈʊə_ɹ_ə_n_s]\

Definitions of PROFIT AND COMMISSIONS INSURANCE

1910 - Black's Law Dictionary (2nd edition)

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A form of insurance on the property or assets, which assist a firm in realizing the profits. Insurance company insures the amount of income lost due to any damage to the property.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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