BUSINESS INTERRUPTION INSURANCE

Pronunciation (US):

(GB):

 I. (noun) 

Sense 1

Meaning:

Insurance that provides protection for the loss of profits and continuing fixed expenses resulting from a break in commercial activities due to the occurrence of a peril

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("business interruption insurance" is a kind of...):

insurance (promise of reimbursement in the case of loss; paid to people or companies so concerned about hazards that they have made prepayments to an insurance company)

Credits