FACE AMOUNT

By SovConn | May 12, 2015

face amount. 1.PAR VALUE. 2.Insurance. The amount payable under an insurance policy. —

Also termed face value; face amount insured by the policy; face of policy. [Cases: Insurance

  1. C.J.S. Insurance §§ 518–519, 742–745, 749–754.][Blacks Law 8th]
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