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/ English Dictionary

INSURABLE INTEREST

Pronunciation (US): Play  (GB): Play

 I. (noun) 

Sense 1

Meaning:

An interest in a person or thing that will support the issuance of an insurance policy; an interest in the survival of the insured or in the preservation of the thing that is insuredplay

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("insurable interest" is a kind of...):

interest; stake ((law) a right or legal share of something; a financial involvement with something)

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