Words / F / Business

follow the fortunes

phrase

C2CEFR level
96/100Rarity: very rare
TechnicalRegister

The doctrine binding a reinsurer to accept the cedant's good-faith claims decisions.

Under follow-the-fortunes, the reinsurer couldn't second-guess our settlement once it was clearly reasonable.

Similar: follow the settlements

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