Outrageously Funny Word Dictionary :: Interassured

👉 The term "interassured" refers to a situation where two or more parties are bound by a mutual agreement to share some or all of their financial obligations, which may include loans, investments, or other types of commitments. In this context, "interassured" typically involves agreements between two or more parties that outline the terms and conditions under which each party is obligated to fulfill its part of a commitment. The term was first introduced in the United States in 1876 as an

interassured