|
 |
||
 |
| This dictionary contains: 8526 juridical terms |
 |
Valued policy
|
|
Valued policyA 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.
RELATED TERMS--------------------------------------
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.
Ship
This word, in its most enlarged sense, signifies a vessel employed in navigation; for example, the terms the ship's papers, the ship's hushand, shipwreck, and the like, are employed whether the vessel referred to be a brig, a sloop, or a three-masted vessel.
Insured
Contracts. The person who procures an insurance on his property.
Liquidated
That which is made clear, certain, and manifest; as, liquidated damages, ascertained damages liquidated debt, an ascertained debt, as to amount. A debt is liquidated when it is certain what is due, and how much is due, cum certum est an et quantum debeatur; for although it may appear that something is due, if it does not also appear how much is due, the debt is not liquidated. An unliquidated claim is one which one of the parties to the contract cannot alone render certain.
Damages
A cash compensation ordered by a court to offset losses or suffering caused by another's fault or negligence. Damages are a typical request made of a court when persons sue for breach of contract or tort.
Necessity
In general, whatever makes the contrary of a thing impossible, whatever may be the cause of such impossibilities,
Case
1) Practice. A contested question before a court of justicea suit or action a cause. 2) An agreement in writing, between a plaintiff and defendant, that the facts in dispute between them are as there agreed upon and mentioned
Loss
contracts. The deprivation of something which one had, which was either advantageous, agreeable or commodious.
SIMILAR TERMS--------------------------------------
Valuable consideration
Contracts. An equivalent for a thing purchased.
Valuation
The act of ascertaining the worth of a thing; or it is the esti-mated worth of a thing
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".
PREVIOUS AND NEXT TERMS--------------------------------------
Valuation
The act of ascertaining the worth of a thing; or it is the esti-mated worth of a thing
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
Vassal
Feudal law. This was the name given to the holder of a fief, bound to perform feudal service; this word was then always correlative to that of lord, entitled to such service.
Vectigalia
Among the Romans this word signified duties which were paid to the prince for the importation and exportation of certain merchandise. They differed from tribute, which was a tax paid by each individual .
Vehicle
Any thing that is designed to transport persons or objects. A bicycle has been held to be a vehicle.
Vejours
An obsolete word, which signified viewers or experts.
Venal
Something that is bought. The term is generally applied in a bad sense; as, a venal office is an office which has been purchased.
RELATED TERMS--------------------------------------
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.
Ship
This word, in its most enlarged sense, signifies a vessel employed in navigation; for example, the terms the ship's papers, the ship's hushand, shipwreck, and the like, are employed whether the vessel referred to be a brig, a sloop, or a three-masted vessel.
Insured
Contracts. The person who procures an insurance on his property.
Liquidated
That which is made clear, certain, and manifest; as, liquidated damages, ascertained damages liquidated debt, an ascertained debt, as to amount. A debt is liquidated when it is certain what is due, and how much is due, cum certum est an et quantum debeatur; for although it may appear that something is due, if it does not also appear how much is due, the debt is not liquidated. An unliquidated claim is one which one of the parties to the contract cannot alone render certain.
Damages
A cash compensation ordered by a court to offset losses or suffering caused by another's fault or negligence. Damages are a typical request made of a court when persons sue for breach of contract or tort.
Necessity
In general, whatever makes the contrary of a thing impossible, whatever may be the cause of such impossibilities,
Case
1) Practice. A contested question before a court of justicea suit or action a cause. 2) An agreement in writing, between a plaintiff and defendant, that the facts in dispute between them are as there agreed upon and mentioned
Loss
contracts. The deprivation of something which one had, which was either advantageous, agreeable or commodious.
SIMILAR TERMS--------------------------------------
Valuable consideration
Contracts. An equivalent for a thing purchased.
Valuation
The act of ascertaining the worth of a thing; or it is the esti-mated worth of a thing
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".
PREVIOUS AND NEXT TERMS--------------------------------------
Valuation
The act of ascertaining the worth of a thing; or it is the esti-mated worth of a thing
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
Vassal
Feudal law. This was the name given to the holder of a fief, bound to perform feudal service; this word was then always correlative to that of lord, entitled to such service.
Vectigalia
Among the Romans this word signified duties which were paid to the prince for the importation and exportation of certain merchandise. They differed from tribute, which was a tax paid by each individual .
Vehicle
Any thing that is designed to transport persons or objects. A bicycle has been held to be a vehicle.
Vejours
An obsolete word, which signified viewers or experts.
Venal
Something that is bought. The term is generally applied in a bad sense; as, a venal office is an office which has been purchased.
We thank you for using the Juridical Dictionary to search for Valued policy. If you have a better definition for Valued policy than the one presented here, please let us know by making use of the suggest a term option. This definition of Valued policy may be disputed by other professionals. Our attempt is to provide easy definitions on Valued policy and any other medical topic for the public at large.
This dictionary contains 8526 terms.
|
|