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In some countries, language is itself thought of as a social institution, with no relation to political importance.
Declaratory Judgment
A court judgment that clarifies the legal positions of the parties without requiring action or award damages.
Liability Case
A legal case involving the determination of someone's responsibility for damages or losses incurred by another party.
Coinsurance Clause
A provision in an insurance policy that requires the policyholder to bear a portion of the losses to the extent specified in the policy.
Fair Market Value
The price that a knowledgeable, willing, and unpressured buyer would pay to a knowledgeable, willing, and unpressured seller in the market.
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