memorandum clause

noun

: a clause in a marine insurance policy setting forth exclusions or special terms for loss or damage to particular cargo

Dictionary Entries Near memorandum clause

Cite this Entry

“Memorandum clause.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/memorandum%20clause. Accessed 24 Dec. 2024.

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