SELF-INSURANCE


Meaning of SELF-INSURANCE in English

Pronunciation: in- ' shu ̇ r- ə n(t)s, - ' in- ˌ

Function: noun

Date: circa 1897

: insurance of oneself or of one's own interests by the setting aside of money at regular intervals to provide a fund to cover possible losses

Merriam Webster Collegiate English Dictionary.      Merriam Webster - Энциклопедический словарь английского языка.