adjustment

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adjustment

noun abatement of differences, accommodatio, accommodation, accord, accordance, adaptation, agreement, arrangement, attunement, bargain, binding agreement, coaptation, compact, composition, concurrence, conformance, conformation, congruence, congruity, consistency, contract, correction, covenant, disposition, harmony, mutual concession, mutual understanding, negotiation, pact, reconciliation, rectification, regulating, stipulation, terms, understanding, uniformity
Associated concepts: adjusted basis, adjusted reserves, addustment of contracts, adjustment of loss, adjustments in wills
See also: accord, accordance, agreement, amendment, arbitration, arrangement, change, collection, collective bargaining, compact, compatibility, compromise, conciliation, conformity, correction, determination, disposition, expiation, habituation, indemnification, justification, management, mediation, mitigation, modification, order, payment, reconciliation, regulation, rehabilitation, repair, reparation, restitution, settlement, treatment, understanding

adjustment

1 the computation of the amount due to an insured and the fixing of the proportion to be borne by the underwriters.
2 in Scottish civil procedure, the changing of the writ or defences before the record is closed.

See also ADJUSTMENT OF PRIOR TRANSACTIONS.

ADJUSTMENT, maritime law. The adjustment of a loss is the settling and ascertaining the amount of the indemnity which the insured after all proper allowances and deductions have been made, is entitled to receive, and the proportion of this, which each underwriter is liable to pay, under the policy Marsh. Ins. B. 1, c. 14, p. 617 or it is a written admission of the amounts of the loss as settled between the parties to a policy of insurance. 3 Stark. Ev. 1167, 8.
     2. In adjusting a loss, the first thing to be considered is, how the quantity of damages for which the underwriters are liable, shall be ascertained. When a loss is a total loss, and the insured decides to abandon, he must give notice of this to the underwriters iii a reasonable time, otherwise he will waive his right to abandon, and must be content to claim only for a partial loss. Marsh. Ins. B.1, c.3, s.2; 15 East, 559; 1 T. R. 608; 9 East, 283; 13 East 304; 6 Taunt. 383. When the loss is admitted to be total, and the policy is a valued one, the insured is entitled to receive the whole sum insured, subject to such deductions as may have been agreed by the policy to be made in case of loss.
     3. The quantity of damages being known, the next point to be settled, is, by what rule this shall be estimated. The price of a thing does not afford a just criterion to ascertain its true value. It may have been bought very dear or very cheap. The circumstances of time and place cause a continual variation in the price of things. For this reason, in cases of general average, the things saved contribute not according to prune cost, but according to the price for which they may be sold at the time of settling the average. Marsh. Ins. B. 1, c. 14, s. 2, p. 621; Laws of Wisbury, art. 20 Laws of Oleron, art. 8 this Dict. tit. Price. And see 4 Dall. 430; 1 Caines' R. 80; 2 S. & R. 229 2 S.& R. 257, 258.
     4. An adjustment being endorsed on the policy, and signed by the underwriters, with the promise to pay in a given time, is prima facie evidence against them, and amounts to an admission of all the facts necessary to be proved by the insured to entitle him to recover in an action on the policy. It is like a note of hand, and being proved, the insured has no occasion to go into proof of any other circumstances. Marsh. Ins. B. 1, c. 14, s. 3, p. 632; 3 Stark. Ev. 1167, 8 Park. ch. 4; Wesk. Ins, 8; Beaw. Lex. Mer. 310; Com. Dig. Merchant, E 9; Abbott on Shipp. 346 to 348. See Damages.

References in periodicals archive ?
Until 2002, there were massage therapists and physical therapists who were advertising chiropractic adjustments and the new legislation prohibits non-chiropractors from claiming they can perform chiropractic adjustments.
28) This statement says that the death was a result of an accident and that the chiropractic adjustment is linked to the death.
You see, I have been to chiropractors on and off my entire life, but it was not until I realized that the chiropractic adjustments were helping to heal not only my body, but my heart, my mind, my soul, and my spirit that I decided to become a chiropractor.
This study confirms the value of a specific chiropractic adjustment using the protocols from the National Upper Cervical Chiropractic Association (NUCCA) in significantly lowering blood pressure in patients with a misaligned C-1," states Gerard W.
Franks' philosophy of combining chiropractic adjustment with key exercise regimens to maintain muscle strength and enhance the effects of chiropractic manipulation.
Case results of using energy therapy tools show faster healing, better effects of medications, chiropractic adjustments, other interventions by Practitioners, higher absorption of nutrition, and fewer negative side effects following the release of emotional blockages.
JO: Chiropractic adjustments break up adhesions--many due to calcium deposits--and increase mobility in subluxated spinal segments.
Nasdaq: JYNT), an operator and franchisor of chiropractic clinics, announced today that it has reached the milestone of two million chiropractic adjustments per year.
This formula combined with chiropractic adjustments, rest and icing her hip reduced her pain.
Before I went out I had an anti-inflammatory, heat, laser, acupuncture, ART (low voltage wave treatment) and some chiropractic adjustments to it," he explained.
I began to make good progress with regular back stretching exercises, acupuncture, muscle relaxants, anti-inflammatories and chiropractic adjustments.
The problem is that popping pills or chiropractic adjustments treat the symptoms and not the cause, so guess what.