agreed value
1agreed value — UK US noun [S] INSURANCE ► an amount that an insurance company agrees to insure a property for at the start of an insurance period, and that it will pay if the property is lost or destroyed: »Marine insurance policies can either specify an agreed …
2agreed value — A value stipulated by the parties to a contract; the value of the insured property stated in an insurance policy known as a valued policy. In a certificate of formation of a partnership, a statement that a limited partner had contributed property …
3agreed value insurance — UK US noun [U] INSURANCE ► insurance for an amount agreed to by an insurance company at the start of an insurance period, rather than at the time the property is lost or destroyed: »Agreed value insurance guarantees you will get all of your money …
4agreed-value insurance — ➔ insurance …
5agreed — I (harmonized) adjective accordant, adapted, appeased, arbitrated, arranged, balanced, coherent, compromised, conceded, conciliated, concordant conforming, correlative, correspondent, counterbalanced, equable, equal, equalized, equivalent,… …
6agreed — Settled or established by agreement. Commonly synonymous with contracted. @ agreed amount clause Provision in insurance policy that the insured will carry a stated amount of insurance coverage @ agreed case See case agreed on case @ agreed… …
7agreed — Settled or established by agreement. Commonly synonymous with contracted. @ agreed amount clause Provision in insurance policy that the insured will carry a stated amount of insurance coverage @ agreed case See case agreed on case @ agreed… …
8Agreed Amount Clause — A property insurance provision in which the insurer agrees to waive the co insurance requirement. To obtain an agreed amount clause, insurers require a statement of property values signed by the insured as a condition of activating or including… …
9value — The utility of an object in satisfying, directly or indirectly, the needs or desires of human beings, called by economists value in use, or its worth consisting in the power of purchasing other objects, called value in exchange. Joint Highway… …
10Value — Val ue, n. [OF. value, fr. valoir, p. p. valu, to be worth, fr. L. valere to be strong, to be worth. See {Valiant}.] 1. The property or aggregate properties of a thing by which it is rendered useful or desirable, or the degree of such property or …