First Party Ownership,
First Party Ownership Meanings:
In the context of life and health insurance: Insurance is a policy issued to a person who is an applicant and not a policy issued to an applicant who is not insured. When I order life insurance for myself, it is purchased first. If my wife applied for a policy for my life, she would be the third owner.
Literal Meanings of First Party Ownership
First:
Meanings of First:
Be the first to arrive on time or be the first to order in advance.
Especially in place, location or importance.
With a particular party or individual who holds any position.
Sentences of First
Your first wife
The first duty of a doctor is to respect this right.
He was the first person to dive into the river
Synonyms of First
earliest, paramount, initial, uppermost, introductory, foremost, opening, highest, greatest, major, utmost, chief, prime, principal, top, original, leading, main, topmost
Party:
Meanings of Party:
A gathering of guests, usually involving food, drink and entertainment.
A formally formed political group that usually operates at the national level and campaigns for elections and seeks to form or participate in government.
One or more people who are part of an agreement or dispute.
Have fun at parties or other festive gatherings, usually with drinks and music.
Divided into different colored parts.
Sentences of Party
Engagement ceremony
The dominant conservative party
Agreement between the two parties
Synonyms of Party
political party, litigant, have a wild time, alliance, bloc, social occasion, jamboree, coalition, social event, defendant, reunion, festivity, soirée, have fun, have a party, social function, social, celebration, movement, rave it up, function, carouse, side, set
Ownership:
Meanings of Ownership:
The right to own an act, state or thing.
Sentences of Ownership
Land ownership
Synonyms of Ownership
possession, proprietary rights, right of possession, holding, proprietorship, freehold, title