deferment period

deferment period
deferment period deferment period period

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deferment period UK US noun [C] (also deferral period)
INSURANCE in the UK, an agreed period of time that a person who has health insurance must be ill before the insurance company begins making payments to them: »

Insurance policies will usually be slightly more expensive if there is a shorter deferment period before they start paying out.

Financial and business terms. 2012.

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Look at other dictionaries:

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