Binder definition:
A formal statement or written certification of an insurance policy.
A formal statement or written certification of an insurance policy.
Binder A temporary insurance contract that provides insurance coverage while the permanent policy is being prepared.
Need Legal Help?
Get Informed ...
Binder
(n) Binder is the principal elements or basic conditions of an agreement which establishes the existence and boundaries with in which the agreement is constructed. Eg.
BINDER: An outline of the basic terms of a proposed sales contract between a buyer and a seller.
BOARD OF DIRECTORS: The group of people elected by a corporation's shareholders to make major business decisions for the company.
Binder
A report issued by a title insurance company setting forth the condition of title and setting forth conditions, which, if satisfied, will cause a policy of title insurance to be issued.
binder
n. a written statement of the key terms of an agreement, in particular insurance policies, so that the insured as well as lenders can be assured there is valid and adequate insurance coverage.
In a computerized environment, accounts may be stored on magnetic tape or disks instead of in a ledger binder. The accounting principles are, of course, still the same.
Architecture:
ledger
Top ...
and feloniously run away with such ship or vessel, or any goods or merchandize to the value of fifty dollars; or yield up such ship or vessel to any pirate or if any such seamen shall lay violent hands upon his commander, thereby to binder or prevent ...
A conveyance of property without any consideration of value, for the purpose of delaying or bindering creditors. These are declared void by the statutes 13 Eliz. c. 6, and 27 Eliz. c.
 See also: Law, Contra, Term, Court, Attorney
  
|
RSS
