aggregate legal definition
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aggregate A collection of particular persons or items, formed into one body; as a corporation aggregate, which is one formed of a number of natural persons; the union of individual charges make an aggregate charge.
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Aggregate 1 Aggregate species (Wiktionary) or Species aggregate, a named species representing a range of very closely related organisms.  Aggregate fruit, in botanical terminology, fruit that develops from the merging of ovaries originating from a single flower.
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corporation An aggregate corporation is an ideal body, created by law, composed of individuals united under a common name, the members of which succeed each other, so that the body continues the same, notwithstanding the changes of the individuals who compose it, and which for certain purposes is considered as a natural person.2. Corporations, considered in another point of view, are either sole or aggregate. 13. A sole corporation, as its name implies, consists of only one person, to whom and his successors belongs that legal perpetuity, the enjoyment of which is denied to all natural persons. 1 Black Com. 469.
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aggregate ag·gre·gate. adj. 1. Constituting or amounting to a whole; total: aggregate sales in that market. 2. Botany Crowded or massed into a dense cluster.3. Composed of a mixture of minerals separable by mechanical means.g·gre·gate. adj. 1. Constituting or amounting to a whole; total: aggregate sales in that market. 2. Botany Crowded or massed into a dense cluster.
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Definitions &Translations aggregate(noun) material such as sand or gravel used with cement and water to make concrete, mortar, or plaster. aggregate, congeries, conglomeration(adj) a sum total of many heterogenous things taken together. aggregate, aggregated, aggregative, mass(adj) formed of separate units gathered into a mass or whole. aggregate expenses include expenses of all divisions combined for the entire year; the aggregated amount of indebtedness.
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- This is the most that the policy will pay as the result of a particular incident -- such as an accident. The Aggregate Limit is the most the policy will pay as a result of all occurrences during the policy term (usually one year). In other words, the Aggregate Limit is like an annual cap on policy payments.
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Advocacy Law and Legal Definition Advocacy Law and Legal Definition Advocacy is the act of pleading for or arguing in favor of something or actively supporting a cause or proposal. It can also refer to the work or profession of an advocate. For lawyers advocacy
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Aggregate Aggregate fruit, in botanical terminology, fruit that develops from the merging of ovaries originating from a single flower Aggregate species (Wiktionary) or Species aggregate, a named species representing a range of very closely related organisms
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Aggregate 1 In the social sciences, a gathering of people into a cluster or a crowd that do not form a true social group. 2  In music, a set of all twelve pitch classes, also known as the total chromatic.  Aggregate score, in sport, the sum of two scorelines in a two-legged match.
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Exclusion Law and Legal Definition Exclusion Law & Legal Definition. Exclusion means the act or practice of excluding, which is keeping out. When used in relation to tax matters it refers to an item of income excluded from gross income.For example, annual exclusion is the amount allowed as nontaxable gift income during the calendar year.xclusion means the act or practice of excluding, which is keeping out.
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advocate Legal Definition of advocate. 1  1 : a person (as a lawyer) who works and argues in support of another's cause especially in court. 2  2 : a person or group that defends or maintains a cause or proposal a consumer advocate.
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aggregation aggregation. 1. massing or clumping of materials or people together. 2. a clumped mass of material. familial aggregation the occurrence of more cases of a given disorder in close relatives of a person with the disorder than in control families.
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aggregate The definition of aggregate is a fruit or flower that has many similar parts or clusters that form it. An example of an aggregate fruit is the blackberry. The definition of aggregate is a whole or total amount of something. An example of the adjective aggregate would be to describe the total amount of cars sold by a sales team in one month.
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aggregate Adj. 1. aggregate-formed of separate units gathered into a mass or whole; aggregate expenses include expenses of all divisions combined for the entire year; the aggregated amount of indebtedness.aggregated, aggregative, mass.g·gre·gate. adj. 1. Constituting or amounting to a whole; total: aggregate sales in that market. 2. Botany Crowded or massed into a dense cluster.
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accounting Legal Definition of accounting. 1  1 : an often court-ordered presentment or examination of accounts a complete accounting would be necessary to determine the nature of the expenditures — Case & Comment. 2  2 : the settlement by judicial action of the assets of a partnership (as upon dissolution)
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- aggregate limit of liability - An insurance contract provision limiting the maximum liability of an insurer for a series of losses in a given time period--for example, a year or for the entire period of the contract.
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aggregate 1 An example of the adjective aggregate would be how the President represents the total population of the country; the aggregate population.  An example of the adjective aggregate would be the federal unemployment rate which is a combination measure of the unemployment rates of all the communities across the country.
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Aggregate Method Aggregate Method. The aggregate method is a method of withholding federal income tax from supplemental wages in which the supplemental wage payment is combined with the regular wages paid during the most recent payroll period.
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Definition of aggregate in English: Definition of aggregate - a whole formed by combining several separate elements, a material or structure formed from a mass of fragments or particles loosel Definition of aggregate - a whole formed by combining several separate elements, a material or structure formed from a mass of fragments or particles loosel
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What is 'Aggregate Limit Of Liability' The most that an insurer is obligated to pay to an insured party during a specified period. The aggregate limit of liability is spelled out in the insurance contract and caps the amount of covered losses an insurer will pay for. These limits are part of commercial and professional general liability insurance policies.
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aggregate aggregate (plural aggregates) 1  A mass, assemblage, or sum of particulars; something consisting of elements but considered as a whole. 2  A mass formed by the union of homogeneous particles; – in distinction from a compound, formed by the union of heterogeneous particles. ( 3 mathematics, obsolete) A set (collection of objects).
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Dove/Migratory Game Birds The aggregate. possession limit is equal to, but shall not exceed, the largest possession limit prescribed. for any one of the species or specified geographic areas in which taking and possession. occurs. Personal abode means one’s principal or ordinary home or dwelling place, as.
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- Related Legal Terms & Definitions. 1  ABSTRACT In legal parlance, this refers to a record or document that summarizes the proceedings or…. 2  OPENING A JUDGMENT The act of the court by which a judgment is so far annulled that it…. 3  GARNISHMENT After a debtor loses a lawsuit against a creditor, the court may order that property….
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- DEFINITION of 'Aggregate Limit'. A contract provision used in insurance to limit the amount that can be paid in the policy period. An aggregate limit is the maximum dollar amount your insurer will pay to settle your claims. Often the limit is referred to as an annual aggregate limit, which is just the total amount your insurer will pay in a single year. Next Up.
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Glossary of Insurance Terms Aggregate Limit - Usually refers to liability insurance and indicates the amount of coverage that the insured has under the contract for a specific period of time, usually the contract period, no matter how many separate accidents might occur.
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Definition general aggregate limit. The maximum limit of insurance payable during any given annual policy period for all losses other than those arising from specified exposures.