adjustment

(redirected from Electric adjustment)
Also found in: Dictionary, Thesaurus, Medical, Financial, Encyclopedia, Wikipedia.

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 ?
Both front seats have electric adjustment for height, reach, angle and lumbar support and the steering wheel has electrically adjusted reach.
Obviously there is a full equipment list, including all the required passive safety features but taking this to the next level by including seats with electric adjustment, digital entertainment, power boot lid, four-zone air con and information centre you will add another pounds 10,000 to the basic car's price.
The 200 is sporting in nature with a lovely interior, great looking unusual instruments and superb leather seats with electric adjustment.
In the most powerful R8 to date, electric adjustment and heating is added to the sports seats and DVD satellite navigation and a CD changer playable through a 465- watt Bang & Olufsen audio system is available.
Standard features over the SE include electric adjustment of the half-leather front seats, six-disc CD autochanger, rear parking aid, a multi-function colour display screen and a Bluetooth handsfree telephone kit.
Ameren also invoices its customers for Purchased Electric Adjustment (PEA) costs in the form of monthly varying charges or credits.
That one ups the goodies count to include bigger alloys, cruise control, keyless entry, satellite navigation on a big central colour screen, bright high intensity headlights, wireless charging pad for (the right) mobile phones, electric adjustment for the driver's seat and a powered tailgate.
And talking of winter the latest version now comes with heated Milano leather-upholstered seats with electric adjustment, so you can get your driving position just right.
And talking of winter, the latest version now comes with heated Milano leather-upholstered seats with electric adjustment, so you can get your driving position just right.
Doors open upwards when released and occupants drop into the thin but comfortable and sculptured seats with their electric adjustment and a powered steering column.
Front seats have electric adjustment with lumbar supports and the leather treatment event extends to the steering wheel and gear knob.
Also on board are heated door mirrors with electric adjustment, double optic headlights with "see me home" function, height adjustable driver's seat, trip computer, height and reach adjust steering wheel plus electric windows all round.