floater, floating policy

floater, floating policy
police flottante (JD)

English-French insurance dictionary. 2013.

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  • floating policy — n: floater Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • floating policy — UK US noun [C] (plural floating policies) (also floater) INSURANCE ► a type of insurance in which the value of the goods being insured cannot be calculated exactly, so the payment for insuring them can be changed after a period of time ► a type… …   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

  • floating policy — Insurance policy intended to supplement specific insurance on property and attaches only when the latter ceases to cover the risk, and the purpose of such policy is to provide indemnity for property which cannot, because of its frequent change in …   Black's law dictionary

  • floating policy — Insurance policy intended to supplement specific insurance on property and attaches only when the latter ceases to cover the risk, and the purpose of such policy is to provide indemnity for property which cannot, because of its frequent change in …   Black's law dictionary

  • floating policy — 1. (in marine insurance) a policy that provides protection of a broad nature for shipments of merchandise and that is valid continuously until canceled. 2. floater (def. 7). [1830 40, Amer.] * * * …   Universalium

  • Floater — Floating rate bond. The New York Times Financial Glossary * * * floater float‧er [ˈfləʊtə ǁ ˈfloʊtər] noun [countable] 1. FINANCE a bond with a variable interest rate: • The issue was split into three fixed rate tranches and one floater …   Financial and business terms

  • floater — float·er n 1 [from the notion that the policy “floats” with the goods it insures, wherever they might be located]: a policy or supplemental attachment to a policy insuring specific items of personal property (as jewelry or art); specif: a policy… …   Law dictionary

  • floater — An informal name for a security with a variable coupon rate. Particularly used to refer to floating rate CMO tranches. American Banker Glossary A bond whose interest rate varies with the interest rate of another debt instrument, e.g., a bond that …   Financial and business terms

  • floater — /floh teuhr/, n. 1. a person or thing that floats. 2. Informal. a person who is continually changing his or her place of abode, employment, etc. 3. U.S. Politics. a voter not attached to any party, esp. a person whose vote may be purchased. 4. a… …   Universalium

  • floater policy — In insurance, policy which is issued to cover items which have no fixed location such as jewelry or other items of personal property worn or carried about by the insured. See also floating policy …   Black's law dictionary

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