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Definition of «agreed value»
"Agreed value"
means the predetermined or mutually accepted worth or price of something.
Sentences with «agreed value»
The parties
agreed the value of
the claim at # 30,000, though liability was denied.
(
newlawjournal.co.uk
)
An option for
agreed value coverage
is also available under business income insurance.
(
thebalance.com
)
The insurance company may pay out based
on agreed value
or actual cash value.
(
insuranceproviders.com
)
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