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franchise clause
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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.
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ARE YOU A TRUE BLUE CHAMPION OF THESE "BLUE" SYNONYMS?
We could talk until we're blue in the face about this quiz on words for the color "blue," but we think you should take the quiz and find out if you're a whiz at these colorful terms.
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Which of the following words describes “sky blue”?
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Compare deductible clause.
Words nearby franchise clause
Francesca da Rimini, Francescatti, Franceschetti's syndrome, Franche-Comté, franchise, franchise clause, franchisee, franchiser, Franchot, Francia, Francie
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021