What is the definition of Protected cell company? | Dictionary.net

PROTECTED CELL COMPANY

\pɹətˈɛktɪd sˈɛl kˈʌmpəni], \pɹətˈɛktɪd sˈɛl kˈʌmpəni], \p_ɹ_ə_t_ˈɛ_k_t_ɪ_d s_ˈɛ_l k_ˈʌ_m_p_ə_n_i]\

Definitions of PROTECTED CELL COMPANY

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

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A captive where individual accounts called cells are used for selfinsurance. The cells are seperated by statute protecting them from loss. Refer to agency, group, pure, senior, sister and renta captive.

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

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