additional interest

  • An entity in addition to the named insured, who, having an interest in the subject matter of the insurance, is entitled to protection under a policy, either by virtue of the wording of the basic policy or because the policy has been altered to protect such interest.

    Internal Revenue Service 1

1Internal Revenue Service, Internal Revenue Manual 4.42.6 Glossary, http://­www.irs.gov/­irm/­part4/­irm_04-042-006.html (last accessed Dec. 22, 2009).