jurisdictional amount

noun

: the amount or value that a matter in controversy must exceed in order for the federal courts to have diversity jurisdiction

Note: The jurisdictional amount is set by statute and is currently $75,000.

Dictionary Entries Near jurisdictional amount

Cite this Entry

“Jurisdictional amount.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/jurisdictional%20amount. Accessed 21 Jul. 2024.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!