amount subject


Definition of amount subject

: any value estimated by an underwriter to be the expected loss as a result of a fire or casualty, variable according to the risk involved

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First Known Use of amount subject

circa 1940, in the meaning defined above

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The first known use of amount subject was circa 1940

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Cite this Entry

“Amount subject.” Dictionary, Merriam-Webster, Accessed 30 Nov. 2020.

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