Definition of label clause
: a clause in marine insurance limiting the liability of the assurer when only labels, capsules, or wrappers are damaged to the cost of reconditioning to an amount not exceeding the insured value of the goods
Love words? You must — there are over 200,000 words in our free online dictionary, but you are looking for one that’s only in the Merriam-Webster Unabridged Dictionary.
Start your free trial today and get unlimited access to America's largest dictionary, with:
- More than 250,000 words that aren't in our free dictionary
- Expanded definitions, etymologies, and usage notes
- Advanced search features
- Ad free!
Seen and Heard
What made you want to look up label clause? Please tell us where you read or heard it (including the quote, if possible).