Words / E / Business

exclusion

noun/ɪkˈskluːʒən/

B1CEFR level
25/100Rarity: fairly common
TechnicalRegister

A provision that removes specified perils, losses or circumstances from the scope of cover.

The war exclusion meant the shipment's loss during the conflict was not recoverable.

Topic: Insurance & risk in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Insurance & risk