high probability rule

high-probability rule. Marine insurance. The principle that an insured may abandon a vessel if it appears extremely likely that a total loss is imminent. [Cases: Insurance 2236–2237. C.J.S. Insurance §§ 1216, 1218–1229.]

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词条贡献者

译员Shifang，毕业于国内一流的高级翻译学院，专注翻译各种与员工福利与高管薪酬有关的法律文件。