takeout

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takeout

Bridge of or designating a conventional informatory bid, asking one's partner to bid another suit
References in periodicals archive ?
RELATED ARTICLE: Changes to citizens' takeout consent orders.
As explained by Florida Insurance Commissioner Kevin McCarty in an April 29 letter to Florida Chief Financial Officer Alex Sink, the rationale for this requirement originated years ago when companies were required to maintain the policies for three years to earn their takeout bonuses.
Recently, the final composition of the insurers' takeout books of business have not been the same or similar to what was expected by the carriers.