MLchartDataset catalogue

Jettison

Term · Insurance and risk management · MLC-T-INS-001923

The voluntary throwing overboard of cargo, equipment, or parts of a ship or aircraft to lighten the load or improve stability in an emergency. This action is taken to save the vessel and the remaining cargo from a greater peril. Losses incurred from jettison are generally covered under marine insurance policies as a form of general average.

Table 1. Record
IdentifierMLC-T-INS-001923
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-001923",
  "term": "Jettison",
  "field": "Insurance and risk management",
  "definition": "The voluntary throwing overboard of cargo, equipment, or parts of a ship or aircraft to lighten the load or improve stability in an emergency. This action is taken to save the vessel and the remaining cargo from a greater peril. Losses incurred from jettison are generally covered under marine insurance policies as a form of general average.",
  "url": "https://mlchart.com/terminology/insurance/jettison/"
}

Record 1,831 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.