| 释义 |
free of particular average
adjective
INSURANCE, COMMERCE, TRANSPORTukus(abbreviationFPA)
used to describe an insurance agreement in which the insurance company does not have to pay for goods that are partly lost or partly destroyed on a ship unless the ship sinks, hits something, is damaged by fire, etc.
Examples of free of particular average
free of particular average
When property is insured "freeofparticularaverage" (f.p.a.
From Project Gutenberg
And it suggests that the insurer is not liable for salvage where the policy is freeofparticularaverage, which does not accord with practice.
From Project Gutenberg
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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