sublimit

noun
sub·​lim·​it | \ ˌsəb-ˈli-mət \

Legal Definition of sublimit

: a liability limit in an insurance policy for a particular risk (as loss of jewelry by theft) that is below the aggregate liability limit of the policy

Learn More About sublimit

Dictionary Entries Near sublimit

sublicense

sublimit

submissible

See More Nearby Entries 

Cite this Entry

“Sublimit.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/sublimit. Accessed 24 May. 2022.

Style: MLA
MLACheck Mark Icon ChicagoCheck Mark Icon APACheck Mark Icon Merriam-WebsterCheck Mark Icon

WORD OF THE DAY

Test Your Vocabulary

Which Word Does Not Belong?

  • one green toy robot amidst many red toy robots
  • Which of these words does not mean "nonsense"?
True or False

Test your knowledge - and maybe learn something along the way.

TAKE THE QUIZ
Universal Daily Crossword

A daily challenge for crossword fanatics.

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!