Jurisdictional Amount Legal Meaning and Definition
Here is a simplified definition of the legal term Jurisdictional Amount.
Jurisdictional Amount (noun): This is the specific monetary value associated with a legal case that determines which court has the authority to hear and decide on the case. The jurisdictional amount influences which court, be it local, state or federal, has the jurisdiction, or right, to handle the case. This amount could vary based on different legal systems or types of cases.