Define stated amount

Author: vgoq

August undefined, 2024

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 … WebDec 14, 2024 · Stated capital is the aggregate par value of all shares outstanding. A corporation must retain the stated capital; it cannot be distributed to shareholders as dividends. Companies commonly adopt a $0.01 stated value for their shares in order to minimize this requirement. Many states allow corporations to have no stated value on …

Stated Value Definition - Investopedia

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. WebApr 3, 2024 · Agreed 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 ... gregg\u0027s heating and air

What Does Co-Insurance Really Mean? BrokerLink

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 … 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 … WebThe amount is the cash value stated in the policy, minus a surrender charge, any outstanding loans and interest on those loans. ... The definition of a disability can vary from one life insurance company to another, and policies can vary based on when and for how long they will waive a premium in the event of a disability. Adding a disability ... gregg\u0027s ranch dressing ingredients

in Stated Amount Definition Law Insider

Webstated amount definition, stated amount meaning English dictionary. English-French English Synonyms English for learners Grammar. Search also in: Web News … 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. greggs wenlock road shrewsburyWebThe 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 … gregg thompson linkedin

"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. " - Define stated amount

Define stated amount

What Does Co-Insurance Really Mean? BrokerLink

WebSynonyms for STATED: declared, specified, avowed, specific, express, explicit, definite, unequivocal; Antonyms of STATED: inferred, implied, implicit, ambiguous ... WebDefinition: A bond is a written agreement or contract between an issuer and the holder that requires the issuer to pay the holder the bond’s par value or face value plus the stated amount of interest. Bonds are most typically issued in denominations of $500 or $1,000.

Did you know?

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. WebJul 3, 2024 · The actual cash value of the vehicle at the time of the loss. The cost of repairing or replacing the vehicle with one of like kind and quality. The stated amount of …

WebSep 13, 2013 · To obtain the stated amount co-insurance clause, the policyholder must satisfy the insurer the amount of coverage is a fair approximation of the true cost. … 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 ...

WebIf you have a total loss, the adjuster will determine what the car was currently worth just prior to the loss, and this is the amount you will be paid for the car (minus your deductible). … 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 …

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 …

WebActual cash value definition. Actual cash value (ACV) is the amount to replace your damaged or stolen property, minus depreciation, at the time of the loss. It doesn't replace what you lost — instead, it reimburses you for the item's current value. ... limitations, or exclusions expressly stated in any insurance policy. Descriptions of all ... gregg\u0027s blue mistflowerWebOct 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 … greggs uk share price today liveWebSep 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 … gregg\u0027s cycles seattleWebApr 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 … gregg\u0027s restaurants and pub warwick riWebAmount definition, the sum total of two or more quantities or sums; aggregate. See more. greggs victoriaWebThe meaning of STATED is fixed, regular. How to use stated in a sentence. gregg\\u0027s restaurant north kingstown riWebDefinition 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. gregg township pa federal prison