stated amount
[/ˈsteɪtɪd əˈmaʊnt/]
nounpl: stated amounts
valor declarado
1. A specific quantity of money or value that has been explicitly declared, announced, or specified in writing, such as in a contract, invoice, or official document
The stated amount on the insurance policy was $50,000.
O valor declarado na apólice de seguro era de $50.000.
2. In legal or financial contexts, the amount explicitly mentioned in an agreement or document, as opposed to implied or calculated amounts
The loan agreement specifies a stated amount of $100,000 to be disbursed over two years.
O contrato de empréstimo especifica um valor declarado de $100.000 a ser desembolsado em dois anos.
3. The face value or nominal value of a security, bond, or financial instrument
The bond's stated amount was $1,000 at maturity.
O valor declarado do título era de $1.000 no vencimento.
In Brazilian and American business contexts, 'stated amount' is a formal term used extensively in contracts, insurance policies, and financial agreements. It carries legal weight and represents a binding commitment. Understanding the distinction between stated amount and actual amount is crucial in financial transactions and insurance claims.
Look up more words on Fala2Me
The free English-Portuguese dictionary with real Brazilian accents, NYC slang, conjugator and more
Open Fala2Me →