A simple definition of Governing Classification is: In Workers 'Compensation Insurance, a rating (with a standard discount) that accurately describes the company's workers' compensation burden, as determined by the majority of employees.
In labor compensation insurance, the rating that best describes the employer's work-related injury burden
Literal Meanings of Governing Classification
Meanings of Governing:
It has the power to direct the policy, action and affairs of the state, organization or people.
Meanings of Classification:
The act or process of classifying something based on a general feature or attribute.
Sentences of Classification
Classification of diseases based on symptoms
Synonyms of Classification
grouping, categorization, systematization, classifying, sorting, classing, codification, grading, organization, categorizing, stratification, ranking