Amount in controversy

{
  "id": "MLC-T-LAW-000500",
  "term": "Amount in controversy",
  "field": "Law",
  "definition": "The monetary value of the relief sought or the damages claimed in a lawsuit. This figure is a key factor in determining whether a court has subject matter jurisdiction, particularly in federal courts where diversity jurisdiction requires the amount to exceed a specific threshold. For U.S. federal courts, this threshold is currently set at $75,000.",
  "url": "https://mlchart.com/terminology/law/amount-in-controversy/"
}