Juridical Dictionary

This dictionary contains:
8526
juridical terms

Valuation




Valuation

The act of ascertaining the worth of a thing; or it is the esti-mated worth of a thing



SIMILAR TERMS
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Valuable consideration
Contracts. An equivalent for a thing purchased.

Valuation process
A systematic procedure employed to provide the answer to a client's question about real property value.

Value
Common law. This term has two different meanings. It sometimes expresses the utility of an object, and some times the power of purchasing other good with it. The first may be called value in use, the latter value in exchange.

Value received
This phrase is usually employed in a bill of exchange or promissory note, to denote that a consideration has been given for it.

Valued bill of lading or ad valorem bill of lading
A valued bill of lading, sometimes called an ad valorem bill of lading, is a bill of lading where the value of the cargo has been declared by the carrier and "inserted in the bill of lading".

Valued policy
A valued policy is one where the value has been set on the ship or goods insured, and this value has been inserted in the policy in the nature of liquidated damages, to save the necessity of proving it in case of loss.



PREVIOUS AND NEXT TERMS
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Vagabond
One who wanders about idly, who has no certain dwelling. The ordonnances of the French define a vagabond almost in the same terms.

Vagrant
A tramp or homeless person.

Vagueness
Uncertainty.

Valid
An act, deed, will, and the like, which has received all the formalities required by law, is said to be valid or good in law.

Valuable consideration
Contracts. An equivalent for a thing purchased.

Valuation

Valuation process
A systematic procedure employed to provide the answer to a client's question about real property value.

Value
Common law. This term has two different meanings. It sometimes expresses the utility of an object, and some times the power of purchasing other good with it. The first may be called value in use, the latter value in exchange.

Value received
This phrase is usually employed in a bill of exchange or promissory note, to denote that a consideration has been given for it.

Valued bill of lading or ad valorem bill of lading
A valued bill of lading, sometimes called an ad valorem bill of lading, is a bill of lading where the value of the cargo has been declared by the carrier and "inserted in the bill of lading".

Valued policy
A valued policy is one where the value has been set on the ship or goods insured, and this value has been inserted in the policy in the nature of liquidated damages, to save the necessity of proving it in case of loss.

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This dictionary contains 8526 terms.







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