pilferage hazard

noun

Definition of pilferage hazard

: the risk of loss to cargo when specifically covered by marine insurance through theft committed by the ship's crew, stevedores, or others having access to the insured subject matter

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Cite this Entry

“Pilferage hazard.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/pilferage%20hazard. Accessed 4 Jul. 2020.

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