binder

binder
A preliminary, temporary insurance agreement that obligates the insurance company to pay the insured if the loss insured against occurs after the binder is issued but before the insurance policy is issued. American Banker Glossary
————
An amount of money paid to indicate good faith in a transaction before the transaction is completed. Bloomberg Financial Dictionary

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binder bind‧er [ˈbaɪndə ǁ -ər] noun [countable]
LAW INSURANCE a temporary contract that shows an agreement has been made, and is used until the formal contract has been prepared

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binder UK US /ˈbaɪndər/ noun [C]
LAW a short document showing an agreement between a buyer and a seller, used for a short period while the complete document is being prepared: »

a binder agreement

»

In the case of a real estate purchase, a binder contains the basic terms of the transaction.

»

A binder will give insurance coverage for a specified period of time until the actual insurance policy can be issued.

See also COVER NOTE(Cf. ↑cover note)
WORKPLACE a hard cover in which paper documents can be stored: »

Your report will look more professional if it is presented in an attractive binder.

See also RING BINDER(Cf. ↑ring binder)

Financial and business terms. 2012.

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  • binder — bind·er / bīn dər/ n 1: a temporary insurance contract that provides coverage until the policy is issued 2: a receipt for money paid to the owner of real estate or to the owner s agent to secure the right to purchase the real estate upon agreed… …   Law dictionary

  • Binder+Co — AG Rechtsform Aktiengesellschaft ISIN AT000BINDER3 Gründung …   Deutsch Wikipedia

  • binder — BÍNDER s.n. Strat de beton asfaltic folosit ca strat de legătură între fundaţia unui drum şi stratul de uzură, ca fundaţie la trotuarele de asfalt etc. – Din germ. Binder. Trimis de paula, 21.06.2002. Sursa: DEX 98  bínder s. n. Trimis de siveco …   Dicționar Român

  • Binder — steht für: Binder (Baddeckenstedt), ein Ortsteil der Gemeinde Baddeckenstedt im Landkreis Wolfenbüttel, Niedersachsen Binder (Familienname), der Familienname Binder Binder (Tragwerk), horizontales Konstruktionselement im Bauwesen Binder+Co, ein… …   Deutsch Wikipedia

  • Binder — Bind er, n. 1. One who binds; as, a binder of sheaves; one whose trade is to bind; as, a binder of books. [1913 Webster] 2. Anything that binds, as a fillet, cord, rope, or band; a bandage; esp. the principal piece of timber intended to bind… …   The Collaborative International Dictionary of English

  • Binder — Binder, früher verehlichte von der Klogen, geborne Meyer, eine der anmuthigsten Bühnenerscheinungen neuerer Zeit, wurde 1801 zu Schleßwig geboren, wo ihre Mutter (eine ausgezeichnete Schauspielerin) am Hoftheater engagirt war. Ihren ersten… …   Damen Conversations Lexikon

  • Binder — Binder,der:1.〈landwirtschaftl.Maschine〉Bindemäher·Mähbinder–2.⇨Krawatte(1) Binder→Krawatte …   Das Wörterbuch der Synonyme

  • binder — [bīn′dər] n. 1. a person who binds; specif., a bookbinder 2. a thing that binds or holds together; specif., a) a band, cord, etc. b) a material that binds things together [tar is a binder for gravel in paving] c) a detachable cover with rings or… …   English World dictionary

  • Binder — Binder. См. Связующее вещество. (Источник: «Металлы и сплавы. Справочник.» Под редакцией Ю.П. Солнцева; НПО Профессионал , НПО Мир и семья ; Санкт Петербург, 2003 г.) …   Словарь металлургических терминов

  • Binder [1] — Binder, 1) ein Stein, der mit seiner Länge nach der Tiefe der Mauer gelegt wird. Eine Schicht B. heißt Streckschicht, zum Gegensatz von Laufschicht (deren Steine, Läufer, nach der Länge der Mauer laufen); 2) so v.w. Fußstein; 3) das Paar Sparren …   Pierer's Universal-Lexikon

  • Binder [2] — Binder, 1) Sebastian, geb. 1800 im Österreichischen, ging zum Theater an der Wien, später an das Kärnthnerthortheater, als erster Tenorist an das Ständetheater zu Prag, u. wieder nach Wien zur großen Oper, verließ später das Theater u. errichtete …   Pierer's Universal-Lexikon

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