« Back to Glossary Index
Compensation, usually by a third party such as an insurer, for loss suffered or damage incurred. Also a contractual promise or undertaking to compensate for loss suffered or damage incurred.
« Back to GlossaryCompensation, usually by a third party such as an insurer, for loss suffered or damage incurred. Also a contractual promise or undertaking to compensate for loss suffered or damage incurred.
« Back to Glossary