Milking a snake for the production of antivenom. Antivenom (or antivenin or antivenene) is a biological product used in the treatment of venomous bites or stings. Antivenom is created by milking venom from a relevant snake, spider, insect, or fish.
Definition of fleet insurance. : insurance by which a number of ships, automobiles, or airplanes are covered under one contract.
DEFINITION of 'Liability Insurance'. Any type of insurance policy that protects an individual or business from the risk that they may be sued and held legally liable for something such as malpractice, injury or negligence.