Try Our Apps


Supposedly vs. Supposably

open policy

noun, Insurance.
a continuous policy covering goods of a class subject to changes in volume, usually requiring periodic reports of values.
Origin of open policy
1875-80 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
Cite This Source
British Dictionary definitions for open-policy

open policy

an insurance policy in which the amount payable in the event of a claim is settled after the loss or damage has occurred Compare valued policy
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Cite This Source

Word of the Day

Difficulty index for open policy

Few English speakers likely know this word

Word Value for open

Scrabble Words With Friends