- float policy
- Another term for blanket policy. See blanket policy.
Ballentine's law dictionary. Anderson, W.S.. 1998.
Ballentine's law dictionary. Anderson, W.S.. 1998.
float|er — «FLOH tuhr», noun. 1. a person or thing that floats. 2. Informal. a person who often changes his place of living or working: »A Cleveland restaurant chain operator bemoans the number of “floaters” who won t stick to a job (Wall Street Journal). 3 … Useful english dictionary
float — The use of funds generated as a result of timing differences in the check clearing system. For banks, float occurs because debits given by the Federal Reserve to a bank s reserve account for checks being cleared can be received prior to the time… … Financial and business terms
floating policy — noun an insurance policy covering loss of movable property (e.g. jewelry) regardless of its location • Syn: ↑floater • Hypernyms: ↑policy, ↑insurance policy, ↑insurance * * * noun 1 … Useful english dictionary
blanket policy — The name given to a contract of insurance because of the manner in which the subject matter, that is the insured property or the risk is described, typically illustrated by a policy covering a stock of merchandise, which, because of the changing… … Ballentine's law dictionary
floater — float•er [[t]ˈfloʊ tər[/t]] n. 1) a person or thing that floats 2) inf a person who is continually changing his or her place of abode, employment, etc.; drifter 3) an employee without a fixed job assignment 4) gov a person who fraudulently votes … From formal English to slang
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