insurance
Pronunciation:
/ɪn.ˈʃɔː.ɹəns//ɪn.ˈʃɝ.əns/noun
Definitions
A means of indemnity against a future occurrence of an uncertain event.
Example: The car was totalled, but fortunately I had insurance.
The business of providing insurance.
Example: After five years in banking, I switched to insurance.
Any attempt to forestall an unfavorable event.
Example: The sky was clear, but I took my umbrella for insurance.
A bet made after the deal, which pays off if the dealer has blackjack.
Example: I only take insurance if the count is right.