floating policy
1floating policy — n: floater Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …
2floating policy — UK US noun [C] (plural floating policies) (also floater) INSURANCE ► a type of insurance in which the value of the goods being insured cannot be calculated exactly, so the payment for insuring them can be changed after a period of time ► a type… …
3floating policy — noun an insurance policy covering loss of movable property (e.g. jewelry) regardless of its location • Syn: ↑floater • Hypernyms: ↑policy, ↑insurance policy, ↑insurance * * * noun 1 …
4floating policy — Insurance policy intended to supplement specific insurance on property and attaches only when the latter ceases to cover the risk, and the purpose of such policy is to provide indemnity for property which cannot, because of its frequent change in …
5floating policy — Insurance policy intended to supplement specific insurance on property and attaches only when the latter ceases to cover the risk, and the purpose of such policy is to provide indemnity for property which cannot, because of its frequent change in …
6floating policy — An insurance policy that has only one sum insured although it may cover many items. No division of the total is shown on the policy and the policyholder is often able to add or remove items from the cover without reference to the insurers,… …
7floating policy — /ˈfloʊtɪŋ pɒləsi/ (say flohting poluhsee) noun a marine insurance policy which insures the goods stated in the policy in whatever ship they may travel …
8floating policy — Another term for blanket policy. See blanket policy …
9floating policy — 1. (in marine insurance) a policy that provides protection of a broad nature for shipments of merchandise and that is valid continuously until canceled. 2. floater (def. 7). [1830 40, Amer.] * * * …
10Floating exchange rate — Floating rate may also refer to a floating interest rate applied to a loan or other lending product. A floating exchange rate or a flexible exchange rate is a type of exchange rate regime wherein a currency s value is allowed to fluctuate… …
