/ English Dictionary |
SELF-INSURANCE
Pronunciation (US): | ![]() | (GB): | ![]() |
I. (noun)
Sense 1
Meaning:
Insuring yourself by setting aside money to cover possible losses rather than by purchasing an insurance policy
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("self-insurance" is a kind of...):
insurance (promise of reimbursement in the case of loss; paid to people or companies so concerned about hazards that they have made prepayments to an insurance company)
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