Amount Subject

Amount Subject

In insurance, the amount likely to be lost in a disaster, depending on the risk of disaster in the area of the insured property. Insurance underwriters must estimate the amount subject for each policy. See also: Probable maximum loss.
References in periodicals archive ?
When CME sought to clarify the shareholder's intentions, it was determined that this shareholder had mistakenly overstated the amount subject to sale.
Because the value of blank discs, drives, and other storage devices is easily determined, it appears that the Department intends to include development costs in its calculation of the amount subject to sales tax.
The amount subject to sales tax depends on whether the voucher is (1) a specific-product or service voucher or (2) a stated-face-value voucher.
It pays Arsenal a substantial amount subject to appearances and Ray is taking a pay cut in return for signing a three-year contract.
The proposal would provide for a phase-in of the amount subject to current inclusion over a five-year period.
The amount subject to tax is the smaller of one-half of the benefits or one-half of modified adjusted gross income (MAGI) in excess of the base amount.
Kodak reserves the right to increase the Maximum Tender Amount subject to compliance with applicable law.
Guarantees participation, performance and advance payment should provide that if a call to the outstanding amount subject to the applicable stamp duty and should be in accordance with the attached models.
This new policy contradicts the definition of "sales price" in the Texas Tax Code, which excludes discounts from the amount subject to tax.
6676 penalty does not apply to the portion of the excessive amount subject to a penalty under Sec.
The proposed regulations should be clarified to provide that the amount subject to the deferred tax and interest charge is only the "excess distribution" amount calculated under principles similar to those for direct U.
Closely related to problems of defining property and services is the question of the amount subject to tax, or the tax base.