Streitwert

value of the dispute; amount in controversy

noun SHTRYT-vert Rare

Usage Note

Streitwert is the monetary value assigned to a legal dispute, used to calculate court fees and lawyer fees. A higher Streitwert means higher costs for both sides and influences which court has jurisdiction.

Examples

"Das Gericht setzte den Streitwert auf 15.000 Euro fest."

Natural Translation

The court set the value of the dispute at 15,000 euros.

Literal Translation

The court set the dispute-value at 15,000 euros fixed.

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