without profits Meaning in the Cambridge English Dictionary

Meaning of “without profits” in the English Dictionary

"without profits" in Business English

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without profitsadjective

uk   us   UK INSURANCE
used to describe an ​insuranceagreement that only ​pays an ​agreedamount rather than one where some of the ​profits are also ​added: The ​company also ​issuesendowment insurances, with and without ​profits.
(Definition of without profits from the Cambridge Business English Dictionary © Cambridge University Press)
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“without profits” in Business English

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