restaur

restaur (res-tor).

1. The recourse that insurers (esp. marine underwriters) have against each other according to the date of their insurance.

2. The recourse that marine insurers have against a ship’s master if a loss occurs through the master’s fault or negligence.

3. The recourse that one has against a guarantor or other person under a duty to indemnify. — Also spelled restor.

---

词条贡献者

译者Terence，毕业于国内顶尖法学院，擅长翻译各种与复杂结构性融资相关的法律文件。