cover

/'kʌvə/ noun

1. the proportion of a target audience reached by advertising

2. the protection guaranteed by insurance

♦ to operate without adequate cover to operate without being protected by enough insurance

♦ to ask for additional cover to ask the insurance company to increase the amount for which you are insured

3. an amount of money large enough to guarantee that something can be paid for

● Do you have sufficient cover for this loan?

■ verb

1. to provide protection by insurance against something

● The insurance covers fire, theft and loss of work.

♦ the damage was covered by the insurance the damage was of a kind that the insurance policy protects against or the insurance company paid enough money to enable the damage to be repaired

♦ to be fully covered to have insurance against all risks

2. to have, earn or provide enough money to pay for something

● We do not make enough sales to cover the expense of running the shop.

● Breakeven point is reached when sales cover all costs.

♦ to cover a position to have enough money to be able to pay for a forward purchase

3. to ask for security against a loan which you are making

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‘…three export credit agencies have agreed to provide cover for large projects in Nigeria’ [Business Times (Lagos)]