English version


From Longman Dictionary of Contemporary EnglishLloyd'sLloyd’s /lɔɪdz/ (also Lloyd’s of London)  an organization based in London, which provides all types of insurance, including insurance for ships and aircraft. People with a lot of money can become members of Lloyd’s (who are callednames’), and can make more money by sharing in its profits. But they can also lose a lot of money if Lloyd’s loses money.From Longman Business DictionaryLloyd'sLloyd’s /lɔɪdz/ nounINSURANCEORGANIZATIONS an insurance market based in London where MEMBERs (=specialized people and companies) insure the risks of financial, manufacturing, shipping, oil, and other organizations. Each group of members is represented by an UNDERWRITER who calculates the risks of business offered to the members and decides whether to accept it, and if so what the price paid for the insurance should be
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