full reporting clause

noun
full re·​port·​ing clause

Legal Definition of full reporting clause

: a clause in an insurance policy which provides that the indemnity will not exceed that proportion of loss which the last reported value of the property bears to the actual value

Learn More about full reporting clause

Cite this Entry

“Full reporting clause.” The Merriam-Webster.com Legal Dictionary, Merriam-Webster Inc., https://www.merriam-webster.com/legal/full%20reporting%20clause. Accessed 15 December 2019.

Comments on full reporting clause

What made you want to look up full reporting clause? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

delight or enjoyment

Get Word of the Day daily email!

Test Your Vocabulary

Great Scrabble Words—A Quiz

  • scrabble tiles that read scrabble quiz
  • Which of the following Q-without-U words means the number five in cards or dice?
Spell It

Can you spell these 10 commonly misspelled words?

TAKE THE QUIZ
Syn City

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!