The restoration of an insurance policy after it has lapsed for nonpayment of premiums. Bloomberg Financial Dictionary

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reinstate re‧in‧state [ˌriːɪnˈsteɪt] verb [transitive]
1. to put someone back into a job or position of authority from which they had previously been removed:

• His claim of unfair dismissal was upheld and he was later reinstated.

reinstate somebody as something

• She was cleared by the investigation and immediately reinstated as Finance Director.

— reinstatement noun [countable, uncountable] :

• The sacked workers are fighting for reinstatement.

2. to put back into a document, agreement etc something that had previously been taken out:

• We agreed to reinstate this clause in the contract.

3. INSURANCE to bring back into effect an insurance policy that has not been in effect for some time, for example because the regular payments for it have not been made
— reinstatement noun [uncountable]

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reinstatement UK US /ˌriːɪnˈsteɪtmənt/ noun [U]
HR the act of giving back a job or position to someone: sb's reinstatement as sth »

Her reinstatement as Finance Director was welcomed by all.

the act of bringing back something that was previously removed or stopped: »

The reinstatement of trading restrictions was condemned in the financial press.

Financial and business terms. 2012.

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Look at other dictionaries:

  • reinstatement — index continuation (resumption), rehabilitation, renewal, replacement, restitution Burton s Legal Thesaurus. William C. Burton …   Law dictionary

  • Reinstatement — Re in*state ment ( ment), n. The act of reinstating; the state of being reinstated; re?stablishment. [1913 Webster] …   The Collaborative International Dictionary of English

  • reinstatement — 1797, from REINSTATE (Cf. reinstate) + MENT (Cf. ment) …   Etymology dictionary

  • reinstatement — [[t]ri͟ːɪnste͟ɪtmənt[/t]] 1) N UNCOUNT: usu with poss Reinstatement is the act of giving someone back a job or position which has been taken away from them. Parents campaigned in vain for her reinstatement. 2) N UNCOUNT: usu with poss The… …   English dictionary

  • Reinstatement — 1. The process of re establishing the status of a person, company or law. 2. In regards to insurance, reinstatement allows a previously terminated policy to resume active coverage. Depending on the circumstance of the termination, such as failure …   Investment dictionary

  • reinstatement — noun 1. the condition of being reinstated her reinstatement to her former office followed quickly • Derivationally related forms: ↑reinstate • Hypernyms: ↑condition, ↑status 2. the act of restoring someone to a previous position we insisted on th …   Useful english dictionary

  • reinstatement — noun The act of restoring something to its previous state. Many people are unhappy with the sacking of the chief constable and demand his immediate reinstatement …   Wiktionary

  • reinstatement — reinstate ► VERB ▪ restore to a former position or state. DERIVATIVES reinstatement noun …   English terms dictionary

  • reinstatement order — An order by an employment tribunal that an employer re employs a dismissed employee on the same terms of employment with no loss of continuity of employment. Related links re engagement order employment tribunal …   Law dictionary

  • reinstatement of action — See reinstatement …   Ballentine's law dictionary

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