- loss, casualty
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n.The destruction of property by an unexpected cause such as fire or flood.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
loss, casualty
Look at other dictionaries:
casualty loss — see loss Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. casualty loss … 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
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
casualty — cas‧u‧al‧ty [ˈkæʒuəlti] noun casualties PLURALFORM [countable] 1. a person, project, or company that suffers very badly or goes out of business as a result of something: • The airline is the latest casualty of the recession. • The marketing… … Financial and business terms
casualty — ca·su·al·ty / ka zhəl tē, ka zhə wəl / n pl ties 1: an unfortunate occurrence; esp: a serious and often disastrous accident conversion of property...arising from fire, storm, shipwreck, or other casualty Internal Revenue Code 2: something lost,… … Law dictionary
Loss control consultant — (also loss control representative) is a person possessing a demonstrated knowledge and / or education in the arts and science of Safety Engineering and Risk Management. A typical Loss Control Consultant will possess a college degree in… … Wikipedia
Loss control representative — (also loss control consultant) is a person possessing a demonstrated knowledge and / or education in the arts and science of Safety Engineering and Risk Management. A typical Loss Control Representative will possess a college degree in… … Wikipedia
Casualty Pot — n: a step in calculating tax liability under Internal Revenue Code section 1231 in which qualified casualty gains and losses are added together to determine if the result is a net loss or net gain compare main pot ◇ Property that qualifies for… … Law dictionary
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
Casualty — Cas u*al*ty, n.; pl. {Casualties}. [F. casualit[ e], LL. casualitas.] 1. That which comes without design or without being foreseen; contingency. [1913 Webster] Losses that befall them by mere casualty. Sir W. Raleigh. [1913 Webster] 2. Any injury … The Collaborative International Dictionary of English
