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

Share full reporting clause

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

a state of commotion or excitement

Get Word of the Day daily email!

Test Your Vocabulary

Words from Greek and Roman Mythology Quiz

  • the-triumph-of-venus-by-alessandro-magnasco
  • Boreal comes from the name of the ancient Greek god of which wind?
Spell It

Can you spell these 10 commonly misspelled words?

TAKE THE QUIZ
Word Winder's CrossWinder

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!