adequacy of coverage

adequacy of coverage definition - finance
The extent to which the value of an asset, such as real estate, an investment, or a security, is insulated from loss either through insurance coverage or by hedging using futures contracts.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.