claim; demand for compensation
Formal term used in legal, insurance, or business contexts for a demand for payment or compensation.
We filed a claim with the insurance company.
The claim for breach of contract was accepted.
insured value (of a postal item)
Compound of 要 (demand, request) and 償 (compensate, reimburse). The exact historical derivation is uncertain, but the word is used in modern legal and business Japanese.