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suicide clause

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.]

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shareholder

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

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jus gentium

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

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sales price

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.

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worth

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

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