stock insurance company

noun

: an insurance company with capital contributed by stockholders who control its operations and reap any profits or sustain any losses which may result therefrom and with policies that are ordinarily nonparticipating and always nonassessable

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Dictionary Entries Near stock insurance company

Cite this Entry

“Stock insurance company.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/stock%20insurance%20company. Accessed 15 Jun. 2024.

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