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Use "takeouts" in a sentence
"To unload some of its risk, the state for years has run a program to nurture start-up insurance firms, known as takeouts because they "take" policies from the state-run pool."
"Belinda Miller said the state has had some success in a difficult landscape, including helping to launch numerous private-sector insurers, known as "takeouts," that are expanding nicely."
"He claimed it was laundered through loans he called "takeouts" sold to Freddie &"