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memorandum clause

noun

: a clause in a marine insurance policy setting forth exclusions or special terms for loss or damage to particular cargo

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memorandum
memorandum clause
memorandum decision
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“Memorandum clause.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/memorandum%20clause. Accessed 29 Nov. 2025.

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