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ADVANCE PREMIUM
\ɐdvˈans pɹˈiːmi͡əm], \ɐdvˈans pɹˈiːmiəm], \ɐ_d_v_ˈa_n_s p_ɹ_ˈiː_m_iə_m]\
Definitions of ADVANCE PREMIUM
1910 - Black's Law Dictionary (2nd edition)
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In
INSURANCE
,
a
PREMIUM
payment
by
the
INSURED
to
the
INSURER
prior
to
the
due
date
.
1910
- Black's Law Dictionary (2nd edition)
By Henry Campbell Black
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ADVANCE PREMIUM
advance procurement
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advance purchase rate
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