lost or not lost

lost or not lost. Marine insurance. A policy provision fixing the effective date of the policy to a time preceding the policy date, even if the insured ship has already been lost when the policy is executed, as long as neither party then knows, or has means of knowing, that the ship has been lost.

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词条贡献者

双语律师Stephanie，毕业于法国一流的高级翻译学院，擅长翻译各类与上诉案件相关的法律文件。