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alteration
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World English Dictionary
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alternative risk transfer
al·ter·na·tive risk trans·fer
noun
Definition:
transference of insurance risk:
the placing of the responsibility for an insurance risk on somebody other than the original insurer
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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