from The American Heritage® Dictionary of the English Language, 4th Edition
- adj. Impossible to estimate, set, or determine: nonassessable damages.
- adj. Of or relating to capital stock for which owners cannot be assessed additional funds to cover any liabilities of the firm and therefore cannot lose any more than their original investments.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- adj. Unable to estimate or assess something; not assessable.
The bill would have allowed 323 insurers that write homeowners policies in the state to offer a nonassessable residential property insurance policy that would offer rates outside the purview of the state's Office of Insurance Regulation.
not, without, the opposite of nonaggression nonassessable
"It saves paying a big corporation tax and lets you sell all the full-paid, nonassessable stock you want to issue, regardless of what the property is worth.