term policy
noun Insurance.
a policy whose period of coverage is in excess of one year, usually paying a reduced premium rate, as in fire insurance.
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Nearby words
term insurance, term life insurance, term limit, term of art, term paper, term policy, term., termagant, terman, termer, terminable
Origin of term policy
First recorded in 1895–1900
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019