term policy


nounInsurance.
  1. a policy whose period of coverage is in excess of one year, usually paying a reduced premium rate, as in fire insurance.

Origin of term policy

1
First recorded in 1895–1900

Words Nearby term policy

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024

How to use term policy in a sentence