- consequential loss
- Losses not directly caused by damage, but rather arising from results of such damage
Black's law dictionary. HENRY CAMPBELL BLACK, M. A.. 1990.
consequential loss
Look at other dictionaries:
consequential loss — see loss Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. consequential loss … Law dictionary
consequential loss — ➔ loss * * * consequential loss UK US noun [C or U] ► LAW, INSURANCE a loss of money that happens as a result of something wrong or illegal that someone else has done: »We suffered a consequential loss as a result of the non delivery of these… … Financial and business terms
Consequential Loss — The amount of loss incurred as a result of being unable to use business property or equipment. If the property/equipment is damaged through a natural disaster or accident, only certain types of insurance can cover the owner for lost business… … Investment dictionary
consequential loss — /ˌkɒnsɪkwenʃəl lɒs/ noun loss which occurs as the result of some other loss. Also called indirect loss … Dictionary of banking and finance
consequential loss — noun : an indirect or secondary loss occasioned by direct property loss (as that caused by a fire) and often provided for by special provisions in insurance policies or by special policies (as rent insurance or business interruption insurance) … Useful english dictionary
consequential loss — Losses not directly caused by damage, but rather arising from results of such damage … Black's law dictionary
consequential-loss policy — See business interruption policy … Big dictionary of business and management
consequential loss insurance — noun an insurance policy indemnifying against contingent results of accident, especially the cost of the hire of a car to replace one under repair or the cost of alternative accommodation after a fire …
loss — n 1: physical, emotional, or esp. economic harm or damage sustained: as a: decrease in value, capital, or amount compare gain b: an amount by which the cost of something (as goods or services) exceeds the selling price compare … Law dictionary
loss — is a generic and relative term. It signifies the act of losing or the thing lost; it is not a word of limited, hard and fast meaning and has been held synonymous with, or equivalent to, damage , damages , deprivation , detriment , injury , and… … Black's law dictionary
