Dictionary.com

floating policy

Save This Word!

noun

(in marine insurance) a policy that provides protection of a broad nature for shipments of merchandise and that is valid continuously until canceled.

QUIZZES

QUIZ YOURSELF ON PARENTHESES AND BRACKETS APLENTY!

Set some time apart to test your bracket symbol knowledge, and see if you can keep your parentheses, squares, curlies, and angles all straight!
Question 1 of 7
Let’s start with some etymology: What are the origins of the typographical word “bracket”?

Origin of floating policy

An Americanism dating back to 1830–40
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021

Example sentences from the Web for floating policy

British Dictionary definitions for floating policy

floating policy

noun

(in marine insurance) a policy covering loss of or damage to specified goods irrespective of the ship in which they are consigned
another term for floater (def. 4)
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Tired of Typos? Get Help Now!