Valued
/ˈvæl.jud/
Definitions
- (adj.) Having a recognized worth or price in law or commerce.
The contract stipulated payment for the valued goods.
- (v. (past participle)) Past participle of value, meaning assessed or determined the worth of something in legal terms.
The property was valued by the court for taxation purposes.
Related terms
See also
Commentary
Often used in contexts involving assessment or acknowledgment of worth, especially in contracts and property law.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.