a clause in an insurance policy stipulating that the insured will be liable for a specified initial amount of each loss, injury, etc., and that the insurance company will be liable for any additional costs up to the insured amount.
Supremacy ClauseRead more in this article about some frequently asked questions and fun facts related to our definitions.
What’s The Difference Between Independent And Dependent ClausesYou might have seen these terms floating around. Clauses are the building blocks of sentences. They’re groups of related words (phrases) that contain both a subject and a verb. When a clause can stand alone as a complete sentence with a clear meaning, it’s considered independent. If it only makes sense when you join it with another clause, it’s dependent (or subordinate). For example, “in …
Compare franchise clause.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019