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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.
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Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
References in periodicals archive ?
1, "The Commissioners of Excise were not more troubled with Informations against such Persons who acted contrary to the late Act of Parliament prohibiting the Retail of Spirituous Liquors, than they are now with the Solicitations of the Friends of the Delinquents for a Mitigation, but their Honours stick close to the Letter of the Act ..." In November of 1736, it was again reported that "several Persons who had been convicted before the Commissioners of Excise, petition'd to have their Fines mitigated, but had no Relief." See The London Evening-Post, 6-9 November 1736, p.
Possokhov danced well and, particularly from Giselle's mad scene onward, acted with nicely unbridled passion.
The court also found that the defendants demonstrated that the physicians involved in the JRC decision acted in the interest of quality of care based on the nature of the conditions placed in the plaintiff's reinstatement, which included periodic monitoring by independent neurosurgeons and consulting with internists, pathologists, and radiologists.