appraisal clause
Definition
Provision in property insurance policies, under which either the insured or the insurer (but not both) has the right to demand appraisal of the damaged property for assessing or justifying a claim.
Popular 'Accounting & Auditing' Terms
appraisal clause in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/appraisal-clause.html
