agreed value

A property’s value that is fixed by agreement of the parties with the property.

• An example is a list of property values contained in an insurance policy. [Cases: Insurance 2171. C.J.S. Insurance §§ 1108–1109, 1204.]

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词条贡献者

译员Joanne，亚洲顶尖法学院国际贸易专业，擅长翻译涉及媒体、体育和娱乐领域的法律文件。