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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词条贡献者

双语律师Peter，毕业于法国一流的高级翻译学院，擅长翻译涉及基础建设领域的法律文件。