The amount stated in a policy contract as payable upon the death of the person whose life is being insured (cesti que vie). See also Principal Sum.
The amount stated in a policy contract as payable upon the death of the person whose life is being insured (cesti que vie). See also Principal Sum.
With regard to a vessel: to run, drive, or cause to drift onto a strand; run aground. The vessel must be hard and fast for an appreciable period of time; a mere touch and go, or a grounding due to the rise and fall of a tide would not constitute stranding.