Medical self-insurance is increasingly popular among small firms, say brokers and insurers. Small businesses see such plans as low-cost alternatives to regular coverage. Some critics see the self-insure trend as a threat to the Affordable Care Act.
noun. 1  The definition of a compass is a tool with two pointed legs connected by a hinge, one end with a writing device the other used as a stable pivot, used for drawing perfect circles and other things. 2  A compass is defined as a device with magnetic needles used for showing the direction one is facing.
compass card. noun, Navigation. 1. a circular card with magnets attached to its underside, the face divided on its rim into points of the compass, degrees clockwise from north, or both, and floating or suspended from a pivot so as to rotate freely. When in doubt as to where North is, consult the compass card printed somewhere on the chart.