What Does Carveout Mean?

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What does Carveout mean? Read on to discover the definition & meaning of the term Carveout - to help you better understand the language used in insurance policies.

Carveout

Carveout

1. General: Exception to a rule, severance from a unit, or a parallel or secondary agreement based on a primary agreement.

We hope the you have a better understanding of the meaning of Carveout.

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