What is the meaning of BINDER?

1. A written commitment from an insurance company to insure a property or a certain risk; or 2. A preliminary agreement to purchase a property accompanied by a forfeitable deposit which is lost if the purchaser does not complete the purchase of the property.

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APABarry Goldsmith. (2010). binder. Retrieved September 21, 2026, from http://smartdefine.org/binder/definitions/1148657
ChicagoBarry Goldsmith. 2010. "binder" http://smartdefine.org/binder/definitions/1148657 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, binder, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/binder/definitions/1148657>.
MLABarry Goldsmith. "binder" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/binder/definitions/1148657>
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