/ Dictionary / Index P P.M.L.: Meaning and Definition of Find definitions for: P.M.L. Pronunciation: [key] — Insurance. Insurance. probable maximum loss. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. pmk. PMLA Related Content Daily Word Quiz: cygnet Analogy of the Day: Today’s Analogy Spelling Bee: Today’s Spelling Bee Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language