- assessment insurance
- noun
: insurance providing for the payment of claims in whole or in part from the proceeds of assessments levied upon the members of an association for that purpose
Useful english dictionary. 2012.
assessment insurance
Look at other dictionaries:
assessment — I (estimation) noun aestimatio, appraisal, appraisement, calculation, determination, estimate, measure, mensuration, rating, reckoning, survey, valuation associated concepts: assessment of damages II (levy) noun amount assessed as … Law dictionary
insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… … Black's law dictionary
insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… … Black's law dictionary
assessment contract — One wherein the payment of the benefit is in any manner or degree dependent on the collection of an assessment levied on persons holding similar contracts. See also assessment insurance … Black's law dictionary
assessment contract — One wherein the payment of the benefit is in any manner or degree dependent on the collection of an assessment levied on persons holding similar contracts. See also assessment insurance … Black's law dictionary
assessment company — noun : a company that issues assessment insurance … Useful english dictionary
Insurance — This article is about risk management. For Insurance (blackjack), see Blackjack. For Insurance run (baseball), see Insurance run. In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a… … Wikipedia
assessment — In a general sense, the process of ascertaining and adjusting the shares respectively to be contributed by several persons towards a common beneficial object according to the benefit received. A valuation or a determination as to value of… … Black's law dictionary
assessment — In a general sense, the process of ascertaining and adjusting the shares respectively to be contributed by several persons towards a common beneficial object according to the benefit received. A valuation or a determination as to value of… … Black's law dictionary
assessment — In the most common sense, the imposing of a tax by a listing of the persons and property to be taxed and a valuation of the property of each person as a basis of apportionment and levy, such acts usually being performed by administrative officers … Ballentine's law dictionary
