knock-for-knock agreement
knock-for-knock agreement noun: an arrangement between multiple insurance companies in which each company pays the losses incurred by its own policyholders in an event, regardless of who was at fault (now rarely used outside of motor insurance).
Noun
knock-for-knock agreement (plural knock-for-knock agreements)
- An arrangement between multiple insurance companies in which each company pays the losses incurred by its own policyholders in an event, regardless of who was at fault (now rarely used outside of motor insurance).
- Synonyms:
- knock-for-knock clause, knock-for-knock contract
Synonyms of knock-for-knock agreement
- knock-for-knock clause
- knock-for-knock contract
Forms of knock-for-knock agreement
| plural | knock-for-knock agreements |
|---|
Questions about knock-for-knock agreement
- What does knock-for-knock agreement mean?
- Knock-for-knock agreement means an arrangement between multiple insurance companies in which each company pays the losses incurred by its own policyholders in an event, regardless of who was at fault (now rarely used outside of motor insurance).
- What part of speech is knock-for-knock agreement?
- Knock-for-knock agreement is a noun.
- What is the plural of knock-for-knock agreement?
- The plural of knock-for-knock agreement is knock-for-knock agreements.
Words near knock-for-knock agreement in the dictionary
Source and license
Adapted from Wiktionary: knock-for-knock agreement (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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