English Explanatory Dictionary

CAT fund

English dictionary entry

Meanings

noun
  1. Clipped compound of catastrophe fund: a state-run fund that reimburses an involved party (usually an insurer, sometimes a policyholder) when unexpectedly large losses threaten to bankrupt that party.
noun
  1. Alternative spelling of CAT fund.

Word forms

CAT fund CAT funds

Related words

cat fund cat bond reinsurance
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