pair-or-set clause

noun

Legal Definition of pair-or-set clause 

: a provision in an insurance policy giving the insurer the option in the case of loss of fewer than all items in a set to restore the set to its value before the loss or pay the difference between the value before and after the loss

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Dictionary Entries near pair-or-set clause

paid-up

pain

pain and suffering

pair-or-set clause

PAL

palimony

palm off

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