Search Results for: FACE AMOUNT

face amount

face amount. 1. PAR VALUE. 2. Insurance. The amount payable under an insurance policy. — Also termed face value; face amount insured by the policy; face of policy. [Cases: Insurance 2037. C.J.S. Insurance §§ 518–519, 742–745, 749–754.]

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litem suam facere

litem suam facere (lI-tem s[y]oo-[schwa]m fay-s[schwa]-ree). [Latin “to make a suit one’s own”] Roman law. (Of a judex) to fail in his official duty through imprudence, such as not adhering to the formula, or not following due procedure. • This failure amounted to misconduct in the judex’s duties, and a litigant was given a private

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