market value clause

noun

Legal Definition of market value clause

: an insurance clause providing for payment of a loss of goods at market value rather than manufacturing cost

Learn More about market value clause

Share market value clause

Comments on market value clause

What made you want to look up market value clause? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

of or relating to a parable or parabola

Get Word of the Day daily email!

Test Your Vocabulary

A Green Quiz

  • shamrock
  • What is the best definition of green-eyed monster?
Spell It

Can you spell these 10 commonly misspelled words?

TAKE THE QUIZ
Syn City

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ

Love words? Need even more definitions?

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