Act


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Act

1. See: Activity.

2. In insurance, any deed, especially one that foregoes the possibility of coverage. For example, life insurance policies rarely extend coverage if the policyholder commits suicide. In this case, the suicide is called an act.

ACT

see ADVANCE CORPORATION TAX.
References in classic literature ?
Here were these unfortunate people in a scrape on one side; and Magdalen, on the other, mad to act.
When the second act was over, there came a storm of hisses, and Lord Henry got up from his chair and put on his coat.
The first act passed without incident, which did not surprise Carlotta's friends, because Margarita does not sing in this act.
It therefore belongs to them to ascertain its meaning, as well as the meaning of any particular act proceeding from the legislative body.
That it will be a federal and not a national act, as these terms are understood by the objectors; the act of the people, as forming so many independent States, not as forming one aggregate nation, is obvious from this single consideration, that it is to result neither from the decision of a MAJORITY of the people of the Union, nor from that of a MAJORITY of the States.
Again, there is a third case,--act with knowledge of the persons and then not to act.
Oh, tell me, who was it first announced, who was it first proclaimed, that man only does nasty things because he does not know his own interests; and that if he were enlightened, if his eyes were opened to his real normal interests, man would at once cease to do nasty things, would at once become good and noble because, being enlightened and understanding his real advantage, he would see his own advantage in the good and nothing else, and we all know that not one man can, consciously, act against his own interests, consequently, so to say, through necessity, he would begin doing good?
The curtain rose, as usual, to an almost empty house, it being one of the absurdities of Parisian fashion never to appear at the opera until after the beginning of the performance, so that the first act is generally played without the slightest attention being paid to it, that part of the audience already assembled being too much occupied in observing the fresh arrivals, while nothing is heard but the noise of opening and shutting doors, and the buzz of conversation.
The Stamp Act," replied Grandfather, "was a law by which all deeds, bonds, and other papers of the same kind were ordered to be marked with the king's stamp; and without this mark they were declared illegal and void.
In conformity with the Act of Congress of the United States entitled, "An Act for the encouragement of Learning, by securing the copies of Maps, Charts, and Books, to the authors and proprietors of such copies, during the times herein mentioned.
Having obtained the two Hundred Pounds, we instantly left the Town, leaving our Manager and his Wife to act MACBETH by themselves, and took the road to Sterling, where we spent our little fortune with great ECLAT.
Lovers' Vows were at an end, and Lord and Lady Ravenshaw left to act My Grandmother by themselves.