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Definition

Binder

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.
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