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Lloyd's

[ loidz ]

noun

  1. an association of independent English insurance underwriters, founded in London about 1688, originally engaged in underwriting only marine risks but now also issuing policies on almost every type of insurance.


Lloyd's

/ lɔɪdz /

noun

  1. an association of London underwriters, set up in the late 17th century. Originally concerned exclusively with marine insurance and a shipping information service, it now subscribes a variety of insurance policies and publishes a daily list ( Lloyd's List ) of shipping data and news
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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Word History and Origins

Origin of Lloyd's1

Named after Edward Lloyd, 17th-century owner of a London coffeehouse that was frequented by insurers against sea risk
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Word History and Origins

Origin of Lloyd's1

C17: named after Edward Lloyd (died ?1726) at whose coffee house in London the underwriters originally carried on their business
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Example Sentences

Bank of Scotland and Lloyds Bank are now to follow, and there probably will be more.

Morgenthau, who also led the investigation into Lloyds, said several other banks in New York are subject to his probe.

The ship in which he was proceeding was ultimately declared missing at Lloyds; the dear, affectionate boy was never heard of.

Seven-sixteenth-inch plates, re-riveting, frame-pieces and all the various items Lloyds could hit upon as needful.

I wouldnt stand in those boots of his for all the money in Lloyds!

I have the date of sailing from Lloyds, through the kindness of the secretary, Col. Hozier.

Lloyds has been giving £100 at a premium of £5 that King Ferdinand won't be on his throne next June.

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