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单词 new-for-old
释义

Definition of new-for-old in English:

new-for-old

adverb ˌnjuːfəˈ(r)əʊld
Insurance

  • In marine insurance: with regard to deducting that which an insurer is entitled to deduct on account of replacing old material with new when making repairs.

adjective ˌnjuːfəˈ(r)əʊld
Insurance

  • 1In marine insurance: relating to or designating a type of deduction that an insurer is entitled to make on account of replacing old material with new when making repairs.

  • 2Relating to or designating a type of insurance policy which undertakes to meet the cost of replacing the insured article with a new item of similar type, without a deduction for wear and tear.

Origin

Late 18th century. From new + for + old.

Definition of new-for-old in US English:

new-for-old

adverbˌnjuːfəˈ(r)əʊld
Insurance

  • In marine insurance: with regard to deducting that which an insurer is entitled to deduct on account of replacing old material with new when making repairs.

adjectiveˌnjuːfəˈ(r)əʊld
Insurance

  • 1In marine insurance: relating to or designating a type of deduction that an insurer is entitled to make on account of replacing old material with new when making repairs.

  • 2Relating to or designating a type of insurance policy which undertakes to meet the cost of replacing the insured article with a new item of similar type, without a deduction for wear and tear.

Origin

Late 18th century. From new + for + old.
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更新时间：2024/12/27 14:05:38