participating insurance
noun
insurance in which the policyholders receive dividends and share in the surplus earnings of the company.
Origin of participating insurance
1First recorded in 1950–55
Words Nearby participating insurance
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
British Dictionary definitions for participating insurance
participating insurance
noun
a system of insurance by which policyholders receive dividends from the company's profit or surplus
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
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