Meaning of INSURANCE in English

INSURANCE

I. noun Date: 1651 1. the business of insuring persons or property, coverage by contract whereby one party undertakes to indemnify or guarantee another against loss by a specified contingency or peril, the sum for which something is insured, a means of guaranteeing protection or safety , II. adjective Date: 1954 being a score that adds to a team's lead and makes it impossible for the opposing team to tie the game with its next score

Merriam Webster. Explanatory English dictionary Merriam Webster.      Толковый словарь английского языка Мерриам-Уэбстер.