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

资深译员王漾，毕业于一所培养高级翻译以及跨文化事务专家的精英大学，专注翻译各种与税收策略及补贴有关的法律文件。