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.
Mr Constantine added: "This was almost a compulsive act.
(1) According to ICD-10, 1992 (International classification of diseases) for a definite diagnosis of OCD, obsessional symptoms, or compulsive acts or both must be present on most days for at least 2 successive weeks and be a source of distress or interference with activities.