partial loss

partial loss partial loss loss

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partial loss UK US noun [C or U] INSURANCE, LAW
a situation in which something that has insurance is damaged but not completely destroyed, so the insurance company does not pay the full amount: »

The ship caught fire but made it back to port, so they could only claim for partial loss.

Financial and business terms. 2012.

Look at other dictionaries:

  • partial loss — n. Loss of only part of something, as opposed to total loss. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 …   Law dictionary

  • partial loss — A loss of the use of a member of the body for some purposes. Partial disability in health, mind, or person. 22 Am J2d Damg § 117. The destruction of a part of insured property. The loss at sea of a part of the cargo. See general average;… …   Ballentine's law dictionary

  • partial loss — See average …   Big dictionary of business and management

  • 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 of structural integrity on an aircraft — is a phenomenon which has been known to occur in several major incidents in aviation history.Types Note: Most information below has been collected from Wikipedia, but other sources include National Geographic Channel s Seconds From Disaster and… …   Wikipedia

  • partial — Relating to or constituting a part; not complete; not entire or universal; not general or total. United States Fidelity & Guaranty Co. v. Baker, Tex.Civ. App., 65 S.W.2d 344, 346 @ partial account An account of an executor, administrator,… …   Black's law dictionary

  • loss — noun 1 losing of sth ADJECTIVE ▪ appreciable, considerable, significant, substantial ▪ dramatic, great, huge, major, serious …   Collocations dictionary

  • loss — The opposite of gain. Bloomberg Financial Dictionary * * * loss loss [lɒs ǁ lɒːs] noun 1. [countable, uncountable] the fact of no longer having something that you used to have, or having less of it: • loss of earnings through illness ˈjob loss… …   Financial and business terms

  • partial — / pɑ:ʃ(ə)l/ adjective not complete ♦ partial loss a situation where only part of the insured property has been damaged or lost ♦ he got partial compensation for the damage to his house he was compensated for part of the damage …   Dictionary of banking and finance

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