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    Definition of carrier

    Dictionary of Business Terms: carrier
    carrier

    entity in the business of offering transportation of either passengers or cargo.

    Dictionary of Computer and Internet Terms: carrier
    carrier

    a signal that has another signal modulated onto it. For example, a modem transmits data through a telephone line by transmitting a continuous tone as a carrier. Variations in frequency and phase of the carrier encode the binary data. DSL networks use a radio-frequency carrier to transmit data over phone lines.

    Dictionary of Insurance Terms: carrier
    carrier

    insurance company that actually underwrites and issues the insurance policy. The term is used because the insurance company assumes or carries the risk for policyowners. The agent usually has a primary carrier (the insurance company to which most of the business is submitted) and secondary carriers (to which lesser amounts are submitted). The primary carrier provides the agent with commission schedules, expense allowance, and the availability of markets for the agent's business.

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