Binder is a temporary agreement that provides proof of coverage until you receive a permanent policy.

Webster Dictionary Meaning

1. Binder
- One who binds; as, a binder of sheaves; one whose trade is to bind; as, a binder of books.
- Anything that binds, as a fillet, cord, rope, or band; a bandage; -- esp. the principal piece of timber intended to bind together any building.
Share it:  Cite

More from this Section

  • Smog-forming pollution
    Smog-forming pollution is pollutants in the hydrocarbon or NOx families that produce photochemical ...
  • Brake pads
    Brake pads is the metal backing plates faced with a friction material that is pressed ...
  • Threshold Level
    Threshold Level is a threshold level represents the degree of injury a claimant must establish ...
  • Bed features
    Bed features are factory-installed, optional accessories that add functionality or longevity ...
  • Rear HVAC
    Rear HVAC is the climate-control system used to regulate heating and air conditioning ...