单词 | under-insure |
释义 | under-insurev. transitive. To insure at less than the real value. Also intransitive or absol. Cf. over-insure v. ΘΚΠ society > trade and finance > financial dealings > insurance > insure [verb (transitive)] > less than the real value under-insure1911 1911 Rep. Labour & Social Conditions in Germany (Tariff Reform League) III. 145 If a person..under~insured to avoid the rates he would lose in case of fire. 1921 W. N. Bament Co-insurance 3 The natural inclination..is to under-insure and take the chance of not having a total loss. 1982 Economist 18 Sept. 25 The problem is that the less well-off might underinsure. Derivatives under-inˈsured adj. (also absol. as n.). ΘΚΠ society > trade and finance > financial dealings > insurance > [noun] > thing that or one who is insured > at less than real value under-insured1893 society > trade and finance > financial dealings > insurance > [adjective] > insured > at less than real value under-insured1893 1893 Standard (Boston) 20 May 518/2 The sufferers of slight and partial losses are able..to draw their full damage without reference to the insurance carried, which, in the case of small insurance in proportion to value carried, enables a person who is thus under-insured to draw more than an equitable portion. 1909 W. J. Graham Romance of Life Insurance v. 66 Life, the great creator and conservator of the world's wealth, is grossly underinsured when compared with fire insurance. 1912 E. R. Hardy in H. P. Dunham Business of Insurance I. x. 179 In case of important properties where mortgage loans have to be protected..all such, although their property may not be subject to any greater loss than the under insured, are paying for the under insured property. 1947 P. Gordis How to buy Insurance i. 8 We have established the inadvisability of being under-insured. 1962 A. Lurie Love & Friendship iv. 69 A regular firetrap the whole house. Oh they're wild about it now... Underinsured, that's what it was. 1981 M. Duffy Gor Saga ii. 102 He was underinsured... His capital had been in his stock. This entry has not yet been fully updated (first published 1986; most recently modified version published online March 2022). < v.1893 |
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