Reciprocal-insurance



noun
1.
insurance in which members of a reciprocal exchange, acting through an attorney-in-fact, insure themselves and each other.

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  • Reciprocality

    [ri-sip-ruh-kuh l] /rɪˈsɪp rə kəl/ adjective 1. given or felt by each toward the other; mutual: reciprocal respect. 2. given, performed, felt, etc., in return: reciprocal aid. 3. corresponding; matching; complementary; equivalent: reciprocal privileges at other health clubs. 4. Grammar. (of a pronoun or verb) expressing mutual relationship or action: “Each other” and “one another” […]

  • Receipt

    [ri-seet] /rɪˈsit/ noun 1. a written acknowledgment of having , or taken into one’s possession, a specified amount of money, goods, etc. 2. receipts, the amount or quantity received. 3. the act of or the state of being received. 4. something that is received. 5. Archaic. . verb (used with object) 6. to acknowledge in […]



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