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stop-loss

   Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.01 sec.
stop-loss,
n a general term referring to that category of coverage that provides insurance protection (reinsurance) to an employer for a self-funded plan.


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Unfortunately, not using a stop-loss is asking for trouble of a much greater magnitude, and the market loves to reward the foolish, lazy, or stupid, with the just recompense of their behavior.
Byline: The Register-Guard Secretary of Defense Robert Gates last week ordered the virtual end of stop-loss in the American military.
The practice has been condemned by opponents of the Iraq war, including some veterans groups, and Democratic presidential candidate John Kerry in the 2004 campaign blasted stop-loss as an injustice.
 
 
 
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