Aggregate Limits Definition:
You can define Aggregate Limits as, This is the amount that insurance provides to the policyholder under a specific policy. For example, for a given commercial liability policy, the annual total would be the total amount that the insurer would pay for all claims under the policy in a given year.
Literal Meanings of Aggregate Limits
Meanings of Aggregate:
A whole is made up of a combination of many different elements.
A material or structure that has a slightly compressed mass of fragments or particles.
The combination or calculation of many different elements as a whole
Sentences of Aggregate
A sample is a collection of stones and minerals.
The total amount of benefits paid
The social professional group includes men who are involved in similar professions.
Synonyms of Aggregate
accumulation, synthesis, entire, added, pile, gross, agglomeration, mixed bag, hotchpotch, mixture, miscellany, compound, cluster, alloy, conjunction, combination, marriage, assemblage, build-up, jumble, comprehensive, amalgam, concentration
Meanings of Limits:
The point or plane where nothing can be moved or crossed.
A point or value that a series of verbs, verbs, or sums of money can gradually come close to unless it is close enough.
Set or serve as a limit.
Synonyms of Limits
restriction, tie down, restraint, control, damp (down), fetter, bridle, delimit, govern, trammel, regulate, demarcate, curtailment, ration, damper, rein, arrest, circumscribe, inhibit