running down clause

running-down clause. Marine insurance. A provision for the hull insurer’s paying a proportion of the damages sustained by the other vessel in a collision.

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词条贡献者

译者Natalie，在一家西班牙律师事务所的北京办公室担任全职法律翻译，擅长翻译涉及医疗健康领域的法律文件。