floating policy

floating policy
floating policy n: floater

Merriam-Webster’s Dictionary of Law. . 1996.

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  • floating 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… …   Financial and business terms

  • floating 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 …   Useful english dictionary

  • floating 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 …   Black's law dictionary

  • floating 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 …   Black's law dictionary

  • floating 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,… …   Big dictionary of business and management

  • floating 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 …  

  • floating policy — Another term for blanket policy. See blanket policy …   Ballentine's law dictionary

  • floating 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.] * * * …   Universalium

  • Floating 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… …   Wikipedia

  • Policy debate — Part of the series Policy Debate Organization Policy debate competitions Inter Collegiate policy debate Format Structure of policy debate · Resolution Constructive · …   Wikipedia

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