/ English Dictionary |
INSURABLE INTEREST
Pronunciation (US): | (GB): |
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 insured
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)