Loss - Law Dictionary Search Results
Bloodstroke
Loss of sensation and motion from hemorrhage or congestion in the brain
obsolescence
obsolescence : a loss in the utility or value of property that results over time from intrinsic limitations (as outmoded facilities) or
Insurance
Income-tax Act, 1961 (43 of 1961), s. 80C, Expl. 1. Insurance, the act of providing against a possible loss, by entering into a contract with one who is willing to give assurance, that is, to bind himself
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damage
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
Compensation
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,
Average
(2) A shipping or insurance term. (a) Average, or more fully general average, is where any damage or loss has been properly and voluntarily incurred in respect of a ship or cargo for its safety, e.g., goods
Measure of damage
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
Indemnity
Indemnity, a contract, express or implied, to keep a person harmless from loss which that person may incur by reason of some act, omission or event. It differs from a guarantee
risk
risk 1 a : possibility of loss or injury b : liability for loss or injury if it occurs [the of loss passes to the
Damages
Damages, constitute the sum of money claimed or adjudged to be paid in compensation for loss or injury sustained, the value estimated in money, of something lost or withheld, Divisional Controller K.S.R.T.C. v. Mahadeva
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