Losses - Law Dictionary Search Results
ordinary loss
ordinary loss see loss
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.,
Loss or injury
Loss or injury, 'Loss' is a generic term. It signifies some detriment or deprivation or damage. Injury too means
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Profit and Loss
Profit and Loss, the gain or loss arising from goods bought or sold, or from carrying on any other business, the
constructive total loss
constructive total loss see loss
total loss
total loss see loss
Salvage-loss
Salvage-loss, the difference between the amount of salvage, after deducting the charges, and the original value of the property.
loss mitigation
loss mitigation a process to avoid foreclosure; the lender tries to help a borrower who has been unable to
loss of bargain
loss of bargain :benefit of the bargain
loss reserve
loss reserve see reserve
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