interim receipt

In insurance parlance, a binder or contract of temporary insurance. 29 Am J Rev ed Ins § 205. See interim certificate.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • interim receipt — A receipt for money paid by way of premium for a contract of insurance for which application is made. If the risk is rejected, the money is refunded, less the pro rata premium …   Black's law dictionary

  • receipt — The acceptance of property upon a delivery thereof. The acceptance of money offered by way of payment or gift. An acknowledgment in writing of the receipt of money. Glickman v Weston, 140 Or 117, 11 P2d 281, 12 P2d 1005. Written evidence of the… …   Ballentine's law dictionary

  • interim — Meanwhile; in the meantime. Hence, temporary, as interim receipt …   Ballentine's law dictionary

  • interim certificate — A receipt issued on a subscription for corporate stock or a purchase of bonds or other securities, to be held by the subscriber or purchaser until the securities purchased are ready for delivery, being in effect the promise or obligation of the… …   Ballentine's law dictionary

  • premium receipt — The receipt given by an insurance company upon receiving payment of a premium upon a policy. See interim receipt …   Ballentine's law dictionary

  • dock receipt — Also known as dock warrant. A type of interim certificate issued by maritime shipping company upon delivery of goods at the dock, often entitling the designated person to have a bill of lading issued to him. Trade usage may in some cases entitle… …   Black's law dictionary

  • binder — Said to be synonymous with insurance policy. Red Cab Co. v St. Paul Mercury Indem. Co. (CA7 Ind) 98 F2d 189; but better defined as a written instrument, sometimes called a binding slip or interim receipt, used when an insurance policy cannot be… …   Ballentine's law dictionary

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