TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

PREMIUM GRADATION [1 record]

Record 1 1982-03-25

English

Subject field(s)
  • Insurance
  • Fire, Accidents, Miscellaneous Risks (Insur.)
OBS

The term "Gradation" refers to the practice of allowing a discount on the amount of premium in excess of $3,000 on a three year basis, or $1,000 on an annual or instalment basis.

French

Domaine(s)
  • Assurances
  • Incendies, accidents et risques divers (Assur.)
OBS

Le terme "Gradation" réfère à la pratique d'allouer un escompte sur le montant de la prime excédant $3,000 sur une base de 3 ans, ou $1,000 sur une base annuelle ou de versements.

Spanish

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© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

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