sublimit
noun
sub·lim·it
ˌsəb-ˈli-mət
: 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
Dictionary Entries Near sublimit
Cite this Entry
“Sublimit.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/sublimit. Accessed 4 Dec. 2023.
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