financial loss

financial loss
index failure (bankruptcy)

Burton's Legal Thesaurus. . 2006


financial loss
Legal liability for pecuniary loss sustained by third parties where there has been no third party bodily injury or loss or damage to their property. Insurance for financial loss is normally arranged as an extension to a public/products liability insurance policy.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Игры ⚽ Нужно решить контрольную?

Look at other dictionaries:

  • financial loss — noun loss of money or decrease in financial value • Hypernyms: ↑loss • Hyponyms: ↑nonpayment, ↑default, ↑nonremittal, ↑capital loss, ↑depreciation, ↑wear and tear, ↑ …   Useful english dictionary

  • pure financial loss — There are legal rules, which restrict recovery of compensation for financial loss which arises without intervening physical damage or personal injury where the only loss is economic. Easyform Glossary of Law Terms. UK law terms …   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

  • Financial cryptography — (FC) is the use of cryptography in applications in which financial loss could result from subversion of the message system.Cryptographers think of the field as originating in the work of Dr David Chaum who invented the blinded signature. This… …   Wikipedia

  • Financial Ombudsman — A free, independent service for settling individual disputes between consumers and financial firms. The Financial Ombudsman aims to compensate customers who suffer financial loss as a consequence of the inability of a regulated firm to meet its… …   Law dictionary

  • financial — fi·nan·cial adj: relating to finance or financiers fi·nan·cial·ly adv Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. financial …   Law dictionary

  • loss — /laws, los/, n. 1. detriment, disadvantage, or deprivation from failure to keep, have, or get: to bear the loss of a robbery. 2. something that is lost: The painting was the greatest loss from the robbery. 3. an amount or number lost: The loss of …   Universalium

  • loss — n 1. detriment, disadvantage, prejudice; impairment, injury, damage, hurt, harm, disablement, incapacitation; step backward, regression, retrogression, lapse. 2. privation, deprivation, bereavement; sacrifice, denial, forfeiture; nonrestoration.… …   A Note on the Style of the synonym finder

  • 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

  • Financial history of the Dutch Republic — describes the history of the interrelated development of financial institutions in the Dutch Republic. The rapid economic development of the country after the Dutch Revolt in the years 1585 1620, described in Economic History of the Netherlands… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”