stated value
noun [ C or U ]
INSURANCE, PROPERTY ukusan amount that you say your property is worth when you buy insurance and which is the maximum amount the insurer will pay if your property is lost, damaged, or stolen:
The gallery is responsible for the stated value of the work in the event of loss or damage while the work is in its possession.
My insurer has refused to pay the stated value of my policy.
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agreed value
market value
ACCOUNTING, STOCK MARKET
the value that is given to a company's shares for accounting purposes, which may be different from its market value:
If the options have a stated value, then they risk being taxed as a benefit in kind when they are awarded.
In May, the debentures were converted into 100,000 shares of the Company's Convertible Preferred Stock having an aggregate stated value of $3,500,000.
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market value
par value