INDUCTION n.
ced, when a current (as from a voltaic battery), passing through the inner coil, is made, broken, or varied. The inner coil has within it a core of soft iron, and is connected at its terminals with a condenser; -- called also inductorium, and Ruhmkorff's coil. -- Induction pipe, port, or valve, a pipe, passageway, or…
INSURANCE n.
, it becomes due at the time specified. -- Fire insurance. See under Fire. -- Insurance broker, a broker or agent who effects insurance. -- Insurance company, a company or corporation whose business it is to insure against loss, damage, or death. -- Insurance policy, a certificate of insurance; the document contain…