Occurs when actions of one party, usually the agent, are deemed to be actions of the other party, usually the principle.
Insurance Encyclopedia
Imputed (Legal Terminology)
When the acts performed by one person are deemed to be the acts of another. Most often this occurs when the actions of the agent are deemed to be those of the principal.
Imputed knowledge
Knowledge of one party that is deemed to be possessed by another because of their relationship. An insured may wish to impute knowledge to the insurer on the grounds that their agent actually possesses that knowledge. In insurance, the position is complicated because for some purposes the intermediary acts as agent of the insurer while for others (e.g. carrying out instructions to effect the insurance) he is agent of the insured. The party relying upon the doctrine of imputed knowledge must prove the existence of an agency in relation to the point at issue.
Imputed negligence
Case in which responsibility for damage can be transferred from the negligent party to another person, such as an employer.
IMS
Acronym for integrated medical system. See integrated delivery system (IDS) .