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Assessment company

Defined in 1 dictionary — Black's (1910)

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

In life insurance. A company in which a death loss is met by levying an assessment on the surviving members of the association. Mutual Ben. It. Ins. Co. v. Marye, 85 Va. 643, 8 S. E. 481

Defined under Assessment in Black's Law Dictionary.