gross damages
The total damages found before adjustments and offsets.
suicide clause. Insurance. A life-insurance-policy provision either excluding suicide as a covered risk or limiting the insurer’s liability in the event of a suicide to the total premiums paid. [Cases: Insurance 2434. C.J.S. Insurance §§ 989–991, 1178–1179.]
shareholder. One who owns or holds a share or shares in a company, esp. a corporation. — Also termed shareowner; (in a corporation) stockholder. [Cases: Corporations 170. C.J.S. Corporations §§ 305, 308–309, 312, 314, 317.] controlling shareholder. A shareholder who is in a position to influence the corporation’s activities because the shareholder either owns a
market volume. 1. The total number of shares traded on one day on a stock exchange. 2. The total number of shares of one stock traded on one day. — Also termed market activity.
jus gentium (j[schwa]s jen-shee-[schwa]m). [Latin “law of nations”] 1. INTERNATIONAL LAW. 2. Roman law. The body of law, taken to be common to all civilized peoples, and applied in dealing with the relations between Roman citizens and foreigners. — Also termed jus inter gentes. “The early Roman law (the jus civile) applied only to Roman
market equity. The percentage of the total market value that a particular company’s securities account for, represented by each class of security. Cf. BOOK EQUITY.
The total amount for which property is sold, often including the costs of any services that are a part of the sale. • Under sales-tax statutes, the amount is typically valued in money even if the value is not received in money. — Also termed selling price.
worth, n. 1. The monetary value of a thing; the sum of the qualities that render a thing valuable and useful, expressed in the current medium of exchange. 2. The emotional or sentimental value of something. 3. The total wealth held by a person or entity. net worth. A measure of one’s wealth, usu. calculated
The sum of the costs of beginning inventory costs and the costs of later additions divided by the total number of available units.