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 ?
The final checklist comprised of obsessive symptoms, compulsive symptoms, phenomenology of OCD, linking thoughts, and expected consequences if the compulsive act is not performed.
He declared that he had a strong compulsion for masturbation all the time with a component of self-guilt associated with it, and tried to destroy the parts involved in the compulsive act.
Mr Constantine added: "This was almost a compulsive act.