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

译者Celia，毕业于新加坡知名法学院，擅长翻译涉及信息和智能技术领域的法律文件。