Meaning Declared Valuation
What does Declared Valuation mean? Here you find 2 meanings of the word Declared Valuation. You can also add a definition of Declared Valuation yourself
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Declared ValuationThe shipper's indication of the value declared for the possessions being shipped, thereby establishing the carrier's maximum liability for loss or damage to the shipment. If no value is decl [..]
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Declared ValuationThe declared value of the items being shipped. Declared valuation is used for insurance purposes. If no value is declared, the tariffs control the liability.
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