direct loss
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direct loss — UK US noun [C] LAW, INSURANCE ► money that you lose as the direct result of harm done by another person or by an event such as a fire or flood: »Punitive damages, which are assessed to punish someone, must be paid on top of damages that are… … Financial and business terms
direct loss — One resulting immediately and proximately from the occurrence and not remotely from some of the consequences or effects thereof. See loss … Black's law dictionary
direct loss — One resulting immediately and proximately from the occurrence and not remotely from some of the consequences or effects thereof. See loss … Black's law dictionary
direct loss or damage by fire — Loss or damage occurring with fire as the destroying agency, as distinguished from fire as a remote agency of loss. 29A Am J Rev ed Ins § 1288. A loss which is immediate or proximate, as distinguished from remote or incidental. Clouse v St. Paul… … Ballentine's law dictionary
direct loss by fire — loss traceable to fire as the proximate cause : loss that is caused by smoke or by water used in extinguishing a fire … Useful english 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
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
direct — di·rect 1 vt 1: to order with authority the testator direct ed that the car go to his niece 2: to order entry of (a verdict) without jury consideration the court direct ed a verdict in favor of the defendant 3: to act … Law dictionary
loss — A deprivation. Damage; also the act of losing and the thing lost. 22 Am J2d Damg § 1. The word is not one of limited, hard and fast meaning. There are many kinds of loss, besides money out of pocket. No man would doubt that he might rightly call… … Ballentine's law dictionary
