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

法律翻译Vivian，毕业于美国顶尖的翻译学院，专注翻译各类与水利资源有关的法律文件。