Reference > The New Dictionary of Cultural Literacy > 18. Business and Economics
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  The New Dictionary of Cultural Literacy, Third Edition.  2002.
 
act of God
 
 
A natural catastrophe, e.g., a hurricane, an earthquake, or a volcanic eruption. (See volcano.)  1
‡ As a legal term relating to property damage, it appears in insurance contracts: “After the flood, Papovich was dismayed to discover that his house was not insured against acts of God.”  2
‡ In contracts dealing with the delivery of goods or services, the term is used to protect the parties from litigation over delays or failures in performance owing to circumstances beyond their control.  3
 
 
The New Dictionary of Cultural Literacy, Third Edition. Edited by E.D. Hirsch, Jr., Joseph F. Kett, and James Trefil. Copyright © 2002 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved.

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