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first-dollar coverage: Meaning and Definition of

first'-dol'lar cov"erage

Pronunciation: (fûrst'dol'ur), [key]
— Insurance. Insurance.
  1. insurance that provides payment for the full loss up to the insured amount with no deductibles.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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