unearned premium

The portion of an insurance premium applicable to the coverage period that has not yet occurred.

• In the same example as above under earned premium, the unearned premium after three months is $900. [Cases: Insurance 1371, 1930, 2046. C.J.S. Insurance §§ 500–501.]

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词条贡献者

资深译员Laura，毕业于一所培养高级翻译以及跨文化事务专家的精英大学，专注翻译各种与美国公司法规有关的法律文件。