short rate

noun Insurance.

a charge, proportionately higher than the annual rate, made for insurance issued or continued in force by the insured for less than one year.

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Nearby words

short odds, short of, short order, short palmar muscle, short radial extensor muscle of wrist, short rate, short ribs, short run, short sale, short seller, short selling

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019