Actual Loss - Law Dictionary Search Results
actual loss
Matched in: Term actual loss
actual total loss
Matched in: Term actual total loss
loss
Matched in: Term loss
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Constructive total loss
Matched in: Term Constructive total loss
Measure of damage
the given. The general rule in English law is that in contract the measure of damage is the actual loss to the plaintiff, and in tort the compensation to the plaintiff for the loss or damage which it … exemplary damages can be given, e.g., libel, slander, violence, malice, cruelty, or breach of promise of marriage. The actual loss cannot always be recovered, as the whole or a portion of the loss may be too remote to
Compensation
to dictionary it means, 'compensating or being compensated; thing given as recompense;'. In legal sense it may constitute actual loss or expected loss and may extend to physical mental or even emotional suffering, insult or injury or loss,
damage
awarded to the prevailing party. More than one type of damages may be awarded for a single injury. actual damages : damages deemed to compensate the injured party for losses sustained as a direct result of the … damage [Old French, from dam injury, harm, from Latin damnum financial loss, fine] 1 : loss or harm resulting from injury to person, property, or reputation 2 pl : the
valued policy
the event of a future loss instead of an amount that would have to be proven as the actual loss
Double insurance
the same subject, the same risk, and the same interest. The assured may recover the amount of his actual loss against any of the insurers, but nothing beyond this, and if he obtains full satisfaction from one of
salvage
saving a ship or its cargo from the perils of the sea or for recovering it from an actual loss (as in a shipwreck) b : the act of saving or rescuing a ship or its cargo c
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