Blanket Additional Insured Endorsement. An insurance policy endorsement that automatically provides coverage ... Insurance that protects a company and/or business owner in the ... Additional insurance coverage that is automatically included ... Any type of insurance policy that protects an individual or business ...
What is a 'Rebate' A rebate is the portion of interest or dividends earned by the owner (lender) of securities that are paid to a short seller (borrower) of the securities. The borrower is required to pay the interest or dividends to the owner.
A rabbet. A rabbet (also known as a rebate in Britain) is a recess or groove cut into the edge of a piece of machinable material, usually wood.When viewed in cross-section, a rabbet is two-sided and open to the edge or end of the surface into which it is cut.n example of the use of a rabbet is in a glazing bar where it makes provision for the insertion of the pane of glass and putty. It may also accommodate the edge of the back panel of a cabinet.