What is the definition of Assessment contract? | Dictionary.net

ASSESSMENT CONTRACT

\ɐsˈɛsmənt kˈɒntɹakt], \ɐsˈɛsmənt kˈɒntɹakt], \ɐ_s_ˈɛ_s_m_ə_n_t k_ˈɒ_n_t_ɹ_a_k_t]\

Definitions of ASSESSMENT CONTRACT

1910 - Black's Law Dictionary (2nd edition)

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One wherein the payment of the benefit is in any manner or degree dependent on the collection of an assessment levied on persons holding similar contracts. Folkens v. Insurance Co., 98 Mo. App. 480, 72 S. V. 720.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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