transcription, транскрипция: [ ˌkō-ən-ˈshu̇r-ən(t)s also ]
-ˈin-ˌ noun
Date: circa 1889
1. : joint assumption of risk (as by two underwriters) with another
2. : insurance (as fire insurance) in which the insured is obligated to maintain coverage on a risk at a stipulated percentage of its total value or in the event of loss suffer a penalty in proportion to the deficiency