HyperDic: self-insurance

English > 1 sense of the word self-insurance:
NOUNpossessionself-insuranceinsuring yourself by setting aside money to cover possible losses rather than by purchasing an insurance policy
English > self-insurance: 1 sense > noun 1, possession
Meaninginsuring yourself by setting aside money to cover possible losses rather than by purchasing an insurance policy.
Broaderinsurancepromise of reimbursement in the case of loss

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