policyholder
noun
No English definition recorded for this entry.
L325661 on Wikidata ↗Wiktionary
noun
Etymology: Etymology tree English policy Proto-Germanic *haldaną Proto-West Germanic *haldan Old English healdan Middle English holden English hold Proto-Indo-European *-yósder. Proto-Italic *-āzijos Latin -āriusnom. Latin -āriusbor. Proto-Germanic *-ārijaz Proto-West Germanic *-ārī Old English -ere Middle English -ere English -er English holder English policyholder From policy + holder.
- The party to an insurance contract who owns the policy and thus transfers a risk to an insurer (i.e., pays the insurer to take the risk).