declared amount
[dɪˈklɛrd əˈmaʊnt]
nounpl: declared amounts
valor declarado
1. The sum of money or value of goods that a person or entity officially states or reports to authorities, especially for customs, insurance, or tax purposes
The customs officer asked about the declared amount of currency being transported across the border.
O oficial de alfândega perguntou sobre o valor declarado da moeda sendo transportada através da fronteira.
2. In insurance, the stated value of property or goods that the policyholder claims for coverage purposes
The insurance company paid out based on the declared amount listed in the policy.
A companhia de seguros pagou com base no valor declarado listado na apólice.
3. In shipping and logistics, the value of goods declared for transport documentation and liability purposes
The shipment's declared amount was $50,000 for liability coverage.
O valor declarado do carregamento foi de $50.000 para cobertura de responsabilidade.
The term 'declared amount' is particularly important in both Brazilian and American contexts when crossing borders or dealing with customs authorities. In Brazil, travelers and businesses must declare amounts over specific thresholds to COAF (Financial Activities Control Council). In the USA, amounts over $10,000 must be declared to customs. Failure to accurately declare amounts can result in penalties or legal consequences.
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