/ˌəˈpreɪzəl klɔz/ – Phrase
Definition: Điều khoản đánh giá (trong hợp đồng bảo hiểm).
A more thorough explanation: a provision in an agreement with an insurance company stating that either party to the agreement (=insurance company or the insured) has the right to an independent (=third party) estimate of a claimed loss
Example: The insurance policy’s appraisal clause requires the parties to split the appraisal costs.