Defn: Highly regarded; esteemed; prized; as, a valued contributor; a valued friend. Valued policy. See under Policy.
VALUED POLICY
Val"ued pol"i*cy. (Fire Insurance)
Defn: A policy in which the value of the goods, property, or interest insured is specified; — opposed to open policy.
VALUED-POLICY LAW
Valued-policy law. (Fire Insurance)
Defn: A law requiring insurance companies to pay to the insured, in case of total loss, the full amount of the insurance, regardless of the actual value of the property at the time of the loss.
VALUELESS
Val"ue*less, a.
Defn: Being of no value; having no worth.
VALUER
Val"u*er, n.
Defn: One who values; an appraiser.
VALURE
Val"ure, n.