Floating-policy
noun
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.
(def 7).
noun
1.
(in marine insurance) a policy covering loss of or damage to specified goods irrespective of the ship in which they are consigned
2.
another term for floater (sense 4)
Read Also:
- Floating-rate note
noun 1. a eurobond, often issued as a negotiable bearer bond, that has a floating rate of interest
- Floating-rib
noun, Anatomy. 1. one member of the two lowest pairs of ribs, which are attached neither to the sternum nor to the cartilages of other ribs. noun 1. any rib of the lower two pairs of ribs in man, which are not attached to the breastbone floating rib n. Any of the two lowest pairs […]
- Floating-screed
noun 1. Building Trades. (def 3).
- Floating-stock
noun 1. stock not held for permanent investment and hence available for speculation; stock held by brokers and speculators rather than investors.
- Floating-supply
noun 1. the aggregate supply of ready-to-market goods or securities.