jurisdictional amount
noun
: the amount or value that a matter in controversy must exceed in order for the federal courts to have diversity jurisdiction
Note: The jurisdictional amount is set by statute and is currently $75,000.
Dictionary Entries Near jurisdictional amount
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“Jurisdictional amount.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/jurisdictional%20amount. Accessed 1 Dec. 2024.
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