total loss

An insured item of which the entire value is written off

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  • total loss — see loss Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. total loss …   Law dictionary

  • total loss — Fire insurance. The complete destruction of the insured property by fire, so that nothing of value remains from it; as distinguished from a partial loss, where the property is damaged, but not entirely destroyed. Test whether building burned is… …   Black's law dictionary

  • total loss — The complete destruction of the property covered by an insurance policy. The complete destruction of a building as a building, although not necessarily the extinction of all its parts as materials or such destruction that no part is left standing …   Ballentine's law dictionary

  • total loss — Ignition or lubrication system in which electricity or oil is used without being generated or recirculated. The ignition system uses power from a battery eventually running it flat. The lubrication system uses oil without returning it to a tank.… …   Dictionary of automotive terms

  • total loss — total damage, complete disaster, went out of use, not able to be fixed …   English contemporary dictionary

  • total loss — Synonyms and related words: bereavement, bomb, breakdown, breaking up, breakup, bust, cataclysm, catastrophe, cave, cave in, collapse, cost, crack up, crash, damage, dead loss, debacle, debit, denial, denudation, deprivation, despoilment,… …   Moby Thesaurus

  • total loss — noun : loss that makes property valueless to an insured …   Useful english dictionary

  • total loss control — Gen Mgt the implementation of safety procedures to prevent or limit the impact of a complete or partial loss of an organization’s physical assets. Total loss control is based on safety audit and prevention techniques. It is concerned with… …   The ultimate business dictionary

  • total loss of eyesight — A complete loss of eyesight; a loss of eyesight to the extent that one cannot distinguish colors or objects one from another in good light, although he can distinguish between light and darkness; in some contexts, loss of eyesight which disables… …   Ballentine's law dictionary

  • total loss of business time — Inability to work at one s specific occupation, regardless of ability to do other work. Continental Casualty Co. v Wagner (CA8 Mo) 195 F2d 936, 31 ALR2d 1216. See total disability for work …   Ballentine's law dictionary

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