MLchartDataset catalogue

Cleanup fund

Term · Insurance and risk management · MLC-T-INS-000794

A financial reserve or dedicated pool of money established to cover the costs associated with environmental remediation, such as pollution cleanup or hazardous waste removal. In insurance, policies may include provisions for or contribute to such funds, especially for environmental liability coverage. The Superfund program in the U.S. is a prominent example.

Table 1. Record
IdentifierMLC-T-INS-000794
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-000794",
  "term": "Cleanup fund",
  "field": "Insurance and risk management",
  "definition": "A financial reserve or dedicated pool of money established to cover the costs associated with environmental remediation, such as pollution cleanup or hazardous waste removal. In insurance, policies may include provisions for or contribute to such funds, especially for environmental liability coverage. The Superfund program in the U.S. is a prominent example.",
  "url": "https://mlchart.com/terminology/insurance/cleanup-fund/"
}

Record 584 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.