What Does PROFITS INSURANCE Mean?
Definition of PROFITS INSURANCE: If a fire or other covered hazard eliminates all property covered by the policy, only damaged or damaged property will be reimbursed. Benefit insurance compensates the insured for the lost profits that can be earned from the sale of goods. This risk can be hedged by increasing (see) the sale price clause.
Literal Meanings of PROFITS INSURANCE
Meanings of PROFITS:
The difference between the financial benefit, especially the money received and the money spent to buy, run or produce something.
Get benefits or financial benefits.
Sentences of PROFITS
Record pre-tax income
Only those who liked the incident were lawyers
Synonyms of PROFITS
financial gain, gain, return, returns, payback, dividend, interest, yield, surplus, excess, advantage, benefit, value, use, good, avail, worth, usefulness, make money, make a killing, make a profit
Meanings of INSURANCE:
The methods or contracts used by companies or government agencies provide a guaranteed compensation for certain losses, injuries, illnesses or deaths in return for the payment of premiums.
Synonyms of INSURANCE
indemnity, indemnification, protection, financial protection, security, surety, cover, defence, safeguard, safety measure, shelter, precaution, provision, preventive measure, immunity