Name

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Name

A wealthy individual who provides a great deal of capital that underwrites the activities of Lloyd's of London. Names spread risk of insurance among themselves along with corporations. For most of Lloyd's centuries-long history, names had unlimited liability for any losses associated with being a name. Lloyd's introduced names with limited liability in 1994, and they have become increasingly important.
References in periodicals archive ?
Some lures are named for what they do: Wiggle Wart, for example, is a small crank-bait lure that wiggles in the water as the fisherman reels or cranks it in.
Some Thousand Oaks streets, like Janss Road, are named for Conejo Valley pioneer families.