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the minimum value a lawsuit must have for certain courts to have jurisdiction to hear the case. The method of determining the jurisdictional amount may vary with the nature of the case; it may be the amount of damages claimed, money demanded, the value of property in disputed ownerhip, or the value of a claimed right. In some classes of federal cases, for example, a minimum amount of $10,000 must be in controversy to confer jurisdiction on the federal courts. Source: Barron's Dictionary of Legal Terms, Steven H. Gifis, 5th Edition; © 2016

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