Covered

cover

cover 1 : insure [this policy s other family drivers] 2 : to give protection against or compensation or indemnification for [doesn't flood damage] vi : to obtain cover [where the seller anticipatorily repudiates a contract and the buyer does not "Cosden Oil & Chemical Co. v. Karl O. Helm AG, 736 F.2d 1064 (1984)"] n : purchase of goods in substitution for those originally contracted for when the seller fails to fulfill the contract [the buyer is always free to choose between and damages for nondelivery "Uniform Commercial Code"] ;also : the substituted goods NOTE: Under the Uniform Commercial Code, when a seller does not perform on a contract, the buyer has the option of covering, with the seller paying the difference between the cost of the cover and the original contract price, or seeking damages for nonperformance. Reselling is the seller's comparable remedy when a buyer does not perform under a contract. ...

Letter of cover

Letter of cover, a letter of cover no doubt contains a contract of insurance but it is not a policy of insurance in the common understanding of that word in the trade. It is well known that in order to obtain an insurance against the risk of fire the assured has first to send a proposal to the insurer and then the insurer takes a little time in making enquiries as to whether it would accept the proposal and undertake the obligation of covering the risk. He issues a policy only after he is satisfied that it would be a prudent business proposition to do so. Experience of trades people has however shown that some kind of protection for the interim period when the insurer is making the enquiries is necessary. This protection is given by what is called a 'letter of cover', R. Ratilal v. National Security Insurance Co. Ltd., AIR 1964 SC 1396 (1398). (Stamp Act, 1899, s. 35)...

Cover

To overspread the surface of one thing with another as to cover wood with paint or lacquer to cover a table with a cloth...

Covered with insulating material

Covered with insulating material, means adequately covered with insulating material of such quality and thickness as to prevent danger. [Indian Electricity Rules, 1956, s. 2 (1) (m)]...

Covering

Covering, includes any stopper, cask, bottle, vessel, box, crate cover, capsule, case, frame, wrapper or other container. [Bureau of Indian Standards Act, 1986 (63 of 1986), s. 2 (d)]...

covered option

covered option see option ...

Under cover screened sheltered not exposed hidden...

Coverer

One who or that which covers...

Covering

Anything which covers or conceals as a roof a screen a wrapper clothing etc...

bond

bond 1 a : a usually formal written agreement by which a person undertakes to perform a certain act (as appear in court or fulfill the obligations of a contract) or abstain from performing an act (as committing a crime) with the condition that failure to perform or abstain will obligate the person or often a surety to pay a sum of money or will result in the forfeiture of money put up by the person or surety ;also : the money put up NOTE: The purpose of a bond is to provide an incentive for the fulfillment of an obligation. It also provides reassurance that the obligation will be fulfilled and that compensation is available if it is not fulfilled. In most cases a surety is involved, and the bond makes the surety responsible for the consequences of the obligated person's behavior. Some bonds, such as fidelity bonds, function as insurance agreements, in which the surety promises to pay for financial loss caused by the bad behavior of an obligated person or by some contingency over w...

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