INSURANCE n. 4 definitions
event; a contract whereby, for a stipulated consideration, called premium, one party undertakes to indemnify or guarantee another against loss by certain specified risks. Cf. Assurance, n., 6.
INSURE v. 3 definitions
ent event, on certain stipulated conditions, or at a given rate or premium; to give or to take an insurance on or for; as, a merchant insures his ship or its cargo, or both, against the dangers of the sea; goods and buildings are insured against fire or water; persons are insured against sickness, accident, or death; a…
INTEREST n. 9 definitions
The persons interested in any particular business or measure, taken collectively; as, the iron interest; the cotton interest. Compound interest, interest, not only on the original principal, but also on unpaid interest from the time it fell due. -- Simple interest, interest on the principal sum without interest on ove…
INTRENCH v. 3 definitions
To invade; to encroach; to infringe or trespass; to enter on, and take possession of, that which belongs to another; -- usually followed by on or upon; as, the king was charged with intrenching on the rights of the nobles, and the nobles were accused of intrenching on the prerogative of the crown. We are not to intrenc…