Loss of use — is the inability, due to a tort or other injury to use a body part, animal, equipment, premises, or other property. Law.com defines it as the inability to use an automobile, premises or some equipment due to damage to the vehicle, premises or… … Wikipedia
loss of use — An element of damages as an interference with the plaintiff s right to use the property involved, usually measured by rental value or the reasonable cost of hiring a replacement. 22 Am J2d Damg § 152. See loss of member … Ballentine'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
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 of member — Loss of arm or leg. 29A Am J Rev ed Ins § 1510. Sometimes meaning an actual severance, at other times including loss of use. 58 Am J1st Workm Comp § 287. See loss of foot … Ballentine's law dictionary
Use and Occupancy Insurance – U&O — A type of insurance that covers against the loss of use of machinery or property due to damage resulting from a named peril or hazard, such as a fire or natural disaster. Use and occupancy insurance provides certain coverage through endorsements… … Investment dictionary
Loss of chance in English law — refers to a particular problem of causation, which arises in tort and contract. The law is invited to assess hypothetical outcomes, either affecting the claimant or a third party, where the defendant s breach of contract or of the duty of care… … Wikipedia
Loss given default (LGD) — Loss Given Default or LGD is a common parameter in Risk Models and also a parameter used in the calculation of Economic Capital or Regulatory Capital under Basel II for a banking institution. This is an attribute of any exposure on bank s… … Wikipedia
Loss of significance — is an undesirable effect in calculations using floating point arithmetic. It occurs when an operation on two numbers increases relative error substantially more than it increases absolute error, for example in subtracting two large and nearly… … Wikipedia
loss — [ lɔs ] noun *** ▸ 1 no longer having something ▸ 2 having less than before ▸ 3 failure to win race etc. ▸ 4 money lost ▸ 5 death of someone ▸ 6 sadness from death/loss ▸ 7 disadvantage from loss ▸ + PHRASES 1. ) count or uncount the state of not … Usage of the words and phrases in modern English
