floating policy


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Related to floating policy: Open Policy, Voyage Policy

floating policy

n
1. (Insurance) (in marine insurance) a policy covering loss of or damage to specified goods irrespective of the ship in which they are consigned
2. (Insurance) another term for floater4
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.floating policy - an insurance policy covering loss of movable property (e.g. jewelry) regardless of its location
insurance policy, insurance, policy - written contract or certificate of insurance; "you should have read the small print on your policy"
References in periodicals archive ?
In the black market, $1 is sold at 28 SSP on Thursday, an increase by ten figures since the free floating policy was adopted by central bank and ministry of finance last month.
Tony Abbott has been flying kites and floating policy ideas and then hiding behind the Budget.
The CBI is adopting a managed floating policy of exchange rate, through which a reasonable exchange rate is fixed," Sanan al-Shubibi told Aswat al-Iraq news agency.

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