marine insurance

marine insurance


Origin:
1795–1805
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
Cite This Source Link To marine insurance

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Marine insurance is always a great word to know.
So is gobo. Does it mean:
a fool or simpleton; ninny.
a screen or mat covered with a dark material for shielding a camera lens from excess light or glare.
Collins
World English Dictionary
marine insurance
 
n
insurance covering damage to or loss of ship, passengers, or cargo caused by the sea

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Encyclopedia Britannica
Encyclopedia

marine insurance

contract whereby, for a consideration stipulated to be paid by one interested in a ship or cargo that is subject to the risks of marine navigation, another undertakes to indemnify him against some or all of those risks during a certain period or voyage.

Learn more about marine insurance with a free trial on Britannica.com.

Encyclopedia Britannica, 2008. Encyclopedia Britannica Online.
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