| 单词 | average clause |
| 释义 | average clause noun[C] INSURANCEukusapartof aninsurancepolicythatstatesthat if theinsurancevalueof apropertyat thetimeoflossordamageis less thanitsrealvalue,paymentby theinsurancecompanywill bereducedaccordingto thedifference. Forexample, if apieceofjewelleryworth£10,000 has aninsurancevalueof £5,000, 50% ofitsrealvalue, theinsurancecompanywillpay£2,500, which is 50% of theinsurancevalue Examplesofaverage clauseaverage clause In many policies there is the "averageclause". From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 Such a man can go out within the next month if he pleases and get the full pension without theaverageclauseoperating. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 The proposal here is that in certain cases you should not admit what is known as theaverageclause. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 Average clauses can cause problems with claims made during periods of volatility in commodities markets. From Wikipedia  This example is from Wikipedia and may be reused under a CC BY-SA license.Average clauses may also be present. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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