Reduction in Turnover definition
Reduction in Turnover means the amount by which the Turnover fell short of the Standard Turnover during the Indemnity Period.
Examples of Reduction in Turnover in a sentence
If, following Damage giving rise to a claim under this section, the participant shall hold a salvage sale during the Indemnity Period, the indemnity payable due to Reduction in Turnover in items 1., and 4.