COINSURANCE

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does coinsurance mean? 

• COINSURANCE (noun)
  The noun COINSURANCE has 1 sense:

1. insurance issued jointly by two or more underwriters

  Familiarity information: COINSURANCE used as a noun is very rare.

 Dictionary entry details 

• COINSURANCE (noun)

Sense 1

Meaning:

Insurance issued jointly by two or more underwriters

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("coinsurance" is a kind of...):

insurance (promise of reimbursement in the case of loss; paid to people or companies so concerned about hazards that they have made prepayments to an insurance company)

Derivation:

coinsure (take out coinsurance)