agreed valuation

noun

: 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

Word History

First Known Use

1800, in the meaning defined above

Time Traveler
The first known use of agreed valuation was in 1800

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Dictionary Entries Near agreed valuation

Cite this Entry

“Agreed valuation.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/agreed%20valuation. Accessed 20 Jun. 2024.

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