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Policy
A legal agreement for transferring risk that defines what will be paid for, in the event of a defined loss, in exchange for a defined amount of money (premium).
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Fire safety
- Category: Prevention & protection
- Company: NFPA
- Product:
- Acronym-Abbreviation:
Other Languages:
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