- self-insurance
- noun Date: circa 1897 insurance of oneself or of one's own interests by the setting aside of money at regular intervals to provide a fund to cover possible losses
New Collegiate Dictionary. 2001.
self-insurance
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Self insurance — is a risk management method in which a calculated amount of money is set aside to compensate for the potential future loss. More colloquially, the term self insured is used as a euphemism for uninsured. [http://www.slate.com/id/2075714/] If self… … Wikipedia
self-insurance — self insure ˌself inˈsure verb [intransitive, transitive] INSURANCE in the US and some other countries, if a company self insures, it keeps money specially to pay for any accidents to employees, harm caused to others etc, instead of buying… … Financial and business terms
self-insurance — [self′in shoor′əns] n. insurance of oneself or one s property by setting apart one s own funds rather than by paying for an insurance policy … English World dictionary
self–insurance — self–in·sur·ance /ˌself in shu̇r əns, in ˌshu̇r / n: insurance of oneself, one s interests, or one s components (as of a governmental unit) through the use of a fund that one maintains to cover losses Merriam Webster’s Dictionary of Law. Merriam… … Law dictionary
self-insurance — /self in shoor euhns, self /, n. insurance of one s property or interests against possible loss by the establishing of a special fund for the purpose instead of seeking coverage with an underwriter. [1895 1900] * * * … Universalium
self-insurance — self′ insur′ance n. bus insurance of one s property or interests by setting aside funds to cover possible loss • Etymology: 1895–1900 … From formal English to slang
self-insurance — /self ɪn ʃυərəns/ noun insuring against a probable future loss by putting money aside regularly, rather than by taking out an insurance policy … Dictionary of banking and finance
self-insurance — self confidence, self assurance … English contemporary dictionary
self-insurance fund — Reserve Re*serve , n. [F. r[ e]serve.] 1. The act of reserving, or keeping back; reservation. [1913 Webster] However any one may concur in the general scheme, it is still with certain reserves and deviations. Addison. [1913 Webster] 2. That which … The Collaborative International Dictionary of English
self-insurance — The practice of setting aside a fund to meet losses instead of insuring against such through insurance. A common practice of business is to self insure up to a certain amount, and then to cover any excess with insurance. Workers compensation… … Black's law dictionary
self-insurance — /sɛlf ɪnˈʃɔrəns/ (say self in shawruhns) noun 1. the insuring of one s property, etc., through oneself, as by setting aside a fund for the purpose. 2. the amount by which the actual value of one s property exceeds the cover provided by an… …
