run-off
C2CEFR level
85/100Rarity: very rare
TechnicalRegister
The state of an insurer or book of business that has stopped writing new policies and is managing existing claims to conclusion.
The discontinued line was placed into run-off while outstanding claims were settled over several years.
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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