Contract holder

Contract holder,

Definition of Contract holder:

  1. A contract holder is an individual or organization owed a return on a contractual obligation. If all parties meet the terms of the contract, the contract holder receives the full benefits outlined in the contract. In broad terms, a contract holder owns a promise of a financial return on a specified date, usually in return for something of value.

  2. Individual or organization named as the owner of a debt obligation or fund anticipated to receive a return in the future. The contract holder receives any compensation or benefits outlined in the contract as long as all terms and conditions are met.

  3. Most often, the term contract holder refers to insurance. In insurance, the policyholder is the contract holder. The insurance company promises to provide various financial benefits in return for a regular payment from the policyholder. The financial benefit may be a death benefit in a life insurance policy, partial payment of medical bills in a health insurance policy, and paid replacement in a property liability policy.

How to use Contract holder in a sentence?

  1. If the terms of the contract are not met, the contractor may lose some or all of the payment that they would otherwise receive.
  2. A contract holder is the entity who is owed a payment in return for the fulfillment of the terms of a contract.
  3. The term contract holder is most commonly applied to insurance contracts, but can also be used in other types of finance.

Meaning of Contract holder & Contract holder Definition

Contract Holder,

What is The Meaning of Contract Holder?

The group, entity or person to whom the group is issued annually.

Literal Meanings of Contract Holder

Contract:

Meanings of Contract:
  1. Make a formal and legally binding agreement.

  2. Catch or Prepare (Disease or Infectious Agent)

  3. Your debt

  4. Written or verbal agreements, including, but not limited to, employment, sale, or lease agreements, which are intended to be legal.

Sentences of Contract
  1. When it cools, the glass contracts

  2. Local authorities will employ various agencies to provide services

  3. Three people infected with the deadly virus

  4. The resulting debt is 3,300

Synonyms of Contract

get smaller, undertaking, compact, bond, develop, understanding, fall ill with, pick up, become liable to pay, be taken ill with, arrangement, succumb to, come down with, commitment, pledge, be stricken with, undertake, promise, acquire, be struck down with, get, incur, engage, become smaller, catch, shrink, agreement

Holder:

Meanings of Holder:
  1. A device or instrument to hold something.

  2. Who has something

  3. Little boss

Sentences of Holder
  1. The cable easily pulls into the bracket

  2. Owner of two American hostages

  3. Current owner Willie and compatriot David Charnley, two of the country's leading candidates, were quickly identified on Monday.

Synonyms of Holder

case, container, housing, keeper, casing, proprietor, receptacle, covering, cover, possessor, owner, bearer, sheath

Contract Holder,

Contract Holder:

  • Group retirement agreements are issued to individuals in groups, individuals or wm.

Literal Meanings of Contract Holder

Contract:

Meanings of Contract:
  1. A written or ■■■■ agreement, specifically a rent, sale or lease agreement, the purpose of which is legal force.

  2. Decrease in size, number or scope.

  3. Sign a formal and legally binding agreement.

  4. Catching or preparing (disease or infectious agent).

Sentences of Contract
  1. What is the contract with the club now?

  2. The glass shrinks when it cools.

  3. Three people are infected with the deadly virus.

Synonyms of Contract

dwindle, make a deal, shrivel, reach an agreement, treaty, go down with, fall into, deal, enter into an agreement, covenant, take ill with, concordat, convention, commit oneself, run up, decrease, negotiate a deal, become infected with, indenture, reduce, account, entente, bargain, engagement, settlement, diminish, decline

Holder:

Meanings of Holder:
  1. A device or instrument for holding something.

  2. People who have something.

Sentences of Holder
  1. I put the phone back on the swing.

  2. Holder of a British passport.

Synonyms of Holder

rack, base, incumbent, rest, occupant, custodian, support

Contract Holder,

Contract Holder Meanings:

Contract Holder means: Group retirement agreements are issued to groups, individuals or individuals in the WM.

Literal Meanings of Contract Holder

Contract:

Meanings of Contract:
  1. A written or ■■■■ agreement, specifically a lease, sale or lease agreement, aimed at gaining legal force.

Synonyms of Contract

take sick with

Holder:

Sentences of Holder
  1. British passport holder