Try Our Apps


The Best Internet Slang

franchise clause

noun, (esp. in marine-insurance policy)
a clause stipulating that the insured will be responsible for any loss not in excess of a stated amount, and the insurance company will be liable for full payment of the loss equaling or exceeding the amount up to the insured amount. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
Cite This Source

Word of the Day

Difficulty index for franchise clause

Few English speakers likely know this word

Word Value for franchise

Scrabble Words With Friends

Nearby words for franchise clause