agreed valuation

noun

Definition of agreed valuation

: the value of articles or shipments agreed upon by shipper and carrier in order to obtain a specific rating or limited liability — compare released valuation

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First Known Use of agreed valuation

1800, in the meaning defined above

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The first known use of agreed valuation was in 1800

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Cite this Entry

“Agreed valuation.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/agreed%20valuation. Accessed 28 Nov. 2020.

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