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 periodicals archive ?
Contact your Senators today and urge them to block the Energy Policy Act from becoming law Tell them the bill undermines existing environmental protections under the Clean Air Act, makes global warning worse and does not provide for needed energy conservation measures.