Loss - Law Dictionary Search Results
bond
bonds, such as fidelity bonds, function as insurance agreements, in which the surety promises to pay for financial loss caused by the bad behavior of an obligated person or by some contingency over which the person may
Abandonment
upon the assurers to pay the full amount of the insurance, as in the case of a total loss. The loss is in such case called a 'constructive total loss' (English) Marine Insurance Act, 1906 (6 Edw.
Alien
10-28) containing certain general and supplemental provisions, relating to the national status of married women and infant children, loss of British Nationality, the status of aliens, and procedure and evidence. The effect of the Act is shortly
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Consequential damages
Consequential damages. or loss usually refers to pecuniary loss consequent on pshysical damage. Such as loss of profit sustained due to fire
Forgery
oblige, companies and local authorities to make compensation, 'by a cash payment out of their funds, for any loss arising from a transfer ' of their shares, stock, or securities,' in pursuance of a forged transfer, or
Damnification
Damnification, that which causes damage or loss. Infliction of injury or loss.
Damnum absque injuria
without the right to recompense, Halsbury's Laws of England 12(1), para 802, p. 264. Damnum absque injuri', [a loss without a wrongful act). Loss without such injury as would give rise to an action for damages against
Damnum absque injuri'
Damnum absque injuri', [a loss without a wrongful act). Loss without such injury as would give rise to an action for damages against
Defraud
'defraud' involves two elements, namely, deceit and injury to the person deceived. Injury is something other than economic loss that is, deprivation of property, whether movable or immovable, or of money, and it will include any harm
Double insurance
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
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