ASSESSMENT COMPANY - Black's Law Dictionary

What is ASSESSMENT COMPANY? Definition of ASSESSMENT COMPANY in Black's Law Dictionary

In life insurance. A company in which a death loss is met by levying an assessment on the surviving members of the association. National Ben. Ass'n v. Clay, 162 Ky. 409, 172 S.W. 922, 923.

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That's the definition of ASSESSMENT COMPANY in Black's Law Dictionary - Courtesy of Cekhukum.com.