label clause
noun
variants
or labels clause
: a clause in marine insurance limiting the liability of the assurer when only labels, capsules, or wrappers are damaged to the cost of reconditioning to an amount not exceeding the insured value of the goods
Dictionary Entries Near label clause
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“Label clause.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/label%20clause. Accessed 23 Nov. 2024.
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