Loss - Law Dictionary Search Results
preferred risk
preferred risk : an insured that an insurer deems has a lower than average chance of loss and that usually may pay a lower premium [because of the past accidents, he was not a preferred
predatory pricing
predatory pricing : the practice of pricing goods below cost and incurring a loss in order to reduce or eliminate competition NOTE: Predatory pricing constitutes an antitrust violation.
personal injury protection (pip)
of an insurance policy, in many cases a no-fault policy, which provides protection against personal injury and related losses, as opposed to damage to your vehicle, up to a specific per-person dollar amount. PIP may include benefits
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per quod
apparent on its face "Kolegas v. Heftel Broadcasting Corp., 607 N.E.2d 201 (1992)"] [a per quod claim for loss of consortium] compare per se
partial claim
partial claim a loss mitigation option offered by the FHA that allows a borrower, with help from a lender, to get an
Blanket clause
that includes a group or class of things rather than a number mentioned individually and having the burden loss or the like apportioned among them
serious bodily injury
serious bodily injury : bodily injury which involves substantial risk of death, protracted and obvious disfigurement, or protracted loss or impairment of the function of a bodily member or organ or mental faculty compare bodily injury
PAL
PAL passive activity loss
society
the benefits of love, care, affection, and companionship that family members receive from each other [sought damages for loss of from his wife's wrongful death] compare consortium 2 : a voluntary association of individuals dedicated to common
title insurance
title insurance : insurance that compensates for loss from title defects or encumbrances (as liens) that were unknown but should have been discovered at the time
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