FLOATING POLICY


Meaning of FLOATING POLICY in English

1. (in marine insurance) a policy that provides protection of a broad nature for shipments of merchandise and that is valid continuously until canceled.

2. floater (def. 7).

[ 1830-40, Amer. ]

Random House Webster's Unabridged English dictionary.      Полный английский словарь Вебстер - Random House .