Define stated amount

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WebMay 4, 2024 · Stated value insurance is a type of coverage for collectible items that will cover the stated value or actual cash value at the time of total loss, whichever is lower. It … WebSynonyms for STATED: declared, specified, avowed, specific, express, explicit, definite, unequivocal; Antonyms of STATED: inferred, implied, implicit, ambiguous ...

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WebJan 31, 2024 · Par value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. Par ... WebCredit based insurance score. A number representing the likelihood of loss, assigned to insurance applicants, based on credit history. Like most insurers, Nationwide uses a credit-based insurance score to predict insurance losses. Studies show that considering a person’s credit behavior can help in predicting potential losses more accurately. dmv oregon albany oregon

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WebThe meaning of STATED is fixed, regular. How to use stated in a sentence. WebJun 24, 2016 · Stated amount endorsement is an endorsement to a policy by the insurance company waiving the coinsurance clause on the specified property. This is also known … WebJul 20, 2024 · If a storm or fire causes damage to a home, the homeowner will claim with his insurance provider. A claims adjuster arrives to evaluate the damaged property. Later, the insurance company verifies the lost amount. However, the insurer informs the policyholder that a coinsurance fee will reduce the claim amount. dmv oregon sticker renewal

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WebGet the definition of Stated Amount Endorsement and understand what Stated Amount Endorsement means in Insurance. Explaining Stated Amount Endorsement term for … WebStated value insurance is a policy where the maximum amount paid to the policyholder at the time of a covered loss is the amount “stated” by the insured (you) when purchasing the policy. Actual Cash Value or Stated … creamy keto cheesecake bitesWebDefinition of Overstated. When an accountant uses the term overstated, it means two things: The reported amount is incorrect, and. The reported amount is more than the true or correct amount. In a double-entry accounting or bookkeeping system, another account will also have an incorrect amount. creamy keto broccoli cheese soup

"WebAdditional Information. Insurers usually require a statement of property values signed by the insured as a condition of activating or including an agreed value provision in a commercial property policy. It was previously referred to as an agreed amount clause. " - Define stated amount

Define stated amount

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WebThe stated amount of an antique or classic car is a bit more complex as there is a capped amount that will be paid based on the price of repairs, actual cash value at the time of … WebA stated amount is the value that you place on your vehicle and provide to your insurer. It’s the price you’d ask a buyer to pay if you sold your car today. The stated amount allows …

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WebJul 24, 2024 · Stated Value: A stated value is a value that, instead of being par value, is assigned to a corporation's stock for accounting purposes. Stated value has no relation … WebApr 5, 2024 · noun. stat· ed value. : the value assigned in a corporation's books to stock and especially to no-par value stock. Note: Stated value is sometimes based on the actual amount received when stock is issued, but it can also be an arbitrarily low value. It has no relation to the market value of the stock.

WebStated Capital. Generally, an amount equal to the cash consideration (or equivalent fair value of property or past services) received by a corporation in exchange for the issue of shares. Stated capital is determined on a per class basis (or a per series basis if the corporation has issued two or more series of the same class of shares). WebDefine in Stated Amount. of the Preferred Securities and in either case only if the Guarantee Trustee shall have obtained either a ruling from the Internal Revenue Service or a written unqualified opinion of nationally recognized independent tax counsel experienced in such matters to the effect that such action will not result in the Trust being treated as …

WebOct 26, 2015 · THE RULES. “Account stated” is a theory of liability that dates back in common law, hundreds of years to the medieval period. Today it is used in debt collection cases to prove a consumer’s liability for a … WebCite. Stated Amount means the amount available to be drawn by a beneficiary under a Letter of Credit from time to time, as such amount may be increased or reduced from …

WebOct 8, 2015 · Replacement Value. Replacement value refers to how much it would cost to replace the equipment. It doesn't take depreciation into account with equipment values, but instead looks at what it would cost to …

WebNov 18, 2024 · The coupon rate of a bond or other fixed income security is the interest rate paid out on the bond. When the government or a company issues a bond, the rate is fixed. The coupon rate is stated as an annual percentage rate based on the bond’s par, or face value. The dollar amount represented by this coupon rate is paid each year—usually on … creamy keto chicken soupWebMay 3, 2024 · The face amount is the value stated on the face of a financial instrument. The term usually applies to the amount stated on a bond certificate, which the issuer is obligated to pay when the bond matures. This face amount is usually set at $1,000. A bond can sell at a discount or premium to its face amount, depending on the interest rate that … creamy keto chicken salad 1 net carbWebSep 13, 2013 · The co-insurance formula is: (Actual Amount of Insurance) * Amount of Loss = Amount of claim. (Required Amount of Insurance) Inserting the amounts above in the formula produces the following … dmv orem hoursWebApr 11, 2024 · Agreed value — sometimes referred to as “guaranteed value” — is an amount you and your insurance company agree a specified item is worth. Unlike most … dmv oregon ohio hoursWebMay 13, 2024 · Stated Value. According to The BalanceSMB, stated value is often confused for agreed value, though these two coverage options vary significantly. Stated value is typically used for insuring ... creamy keto chicken breast recipesWebStated Amount means the amount available to be drawn by a beneficiary under a Letter of Credit from time to time, as such amount may be increased or reduced from time to time … creamy keto chicken thighs dmv oregon release of liability