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Loss - Law Dictionary Search Results

Home Dictionary Name: loss Page: 2

loss leader

loss leader : something (as merchandise) sold at a loss in order to draw customers loss-leader adj ...


indirect loss

indirect loss see loss ...


Profit and Loss

Profit and Loss, the gain or loss arising from goods bought or sold, or from carrying on any other business, the former of which, in book-keeping, is placed on the creditor's side, the latter on the debtor's side. Net Profit is the gain made by selling goods at a price beyond what they cost the seller, and beyond all costs and charges....


Loss or injury

Loss or injury, 'Loss' is a generic term. It signifies some detriment or deprivation or damage. Injury too means any damages or wrong. It means 'invasion of any legally protected interest of another', Consumer Unity & Trust Society v. Chairman & Managing Director, Bank of Baroda, (1995) 2 SCC 150 (153)....


Known-loss doctrine

Known-loss doctrine, means a principle denying insurance coverage when the insured known before the policy takes effect that a specific loss has already happened or is substantially certain to happen. Also termed known-risk doctrine, Black's Law Dictionary, 7th Edn., p. 877....


total loss

total loss see loss ...


net operating loss

net operating loss see loss ...


ordinary loss

ordinary loss see loss ...


hobby loss

hobby loss A nondeductible loss from a hobby. ...


direct loss

direct loss see loss ...



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