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term:

Carrier

carrier n

1 : an individual or entity engaged in transporting passengers or goods for hire by land, water, or air
;specif
: common carrier
2 : an insurer that assumes the risks of a policy that it issues to a policyholder

Source: Merriam-Webster’s Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.
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