knock-for-knock agreement

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الإنجليزية - الإنجليزية

تعريف knock-for-knock agreement في الإنجليزية الإنجليزية القاموس.

knock-for-knock agreement
An arrangement between multiple insurance companies in which each company pays the losses incurred by its own policy-holders in an event regardless of who was at fault (now, used almost only for motor insurance)
knock-for-knock agreement
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