Affidavit
Term · Insurance and risk management · MLC-T-INS-000349
A written statement of fact voluntarily made by an affiant under oath or affirmation, confirmed before a person authorized to administer oaths, such as a notary public. In insurance, affidavits are often used to provide sworn testimony regarding the circumstances of a loss, the extent of damages, or other factual information pertinent to a claim or legal proceeding. It serves as evidence in legal matters.
| Identifier | MLC-T-INS-000349 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-000349",
"term": "Affidavit",
"field": "Insurance and risk management",
"definition": "A written statement of fact voluntarily made by an affiant under oath or affirmation, confirmed before a person authorized to administer oaths, such as a notary public. In insurance, affidavits are often used to provide sworn testimony regarding the circumstances of a loss, the extent of damages, or other factual information pertinent to a claim or legal proceeding. It serves as evidence in legal matters.",
"url": "https://mlchart.com/terminology/insurance/affidavit/"
}
Record 83 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.