business interruption

business interruption UK US noun [C or U]
INSURANCE a period when a business cannot operate because of a storm, flood, or other event: »

The company shall not be liable for any damages for loss of profits, business interruption, or other pecuniary loss arising out of the use of this software.


business interruption insurance/coverage/policy

Financial and business terms. 2012.

Look at other dictionaries:

  • business interruption insurance — ➔ insurance …   Financial and business terms

  • business interruption policy — ➔ insurance policy …   Financial and business terms

  • Business Interruption Insurance — A form of insurance coverage that replaces business income lost as a result of an event that interrupts the operations of the business, such as fire or a natural disaster. Business interruption insurance is not sold as a separate policy, but is… …   Investment dictionary

  • business interruption insurance — Insurance protecting against loss from the interruption of business as a whole, as distinguished from coverage upon the merchandise or other property owned, held, or used in the business. 29A Am J Rev ed Ins § 1366 …   Ballentine's law dictionary

  • business-interruption policy — consequential loss policy; loss of profits policy An insurance policy that pays claims for financial losses occurring if a business has to stop or reduce its activities as a result of a fire or any other insurable risk. Claims can be made for… …   Big dictionary of business and management

  • business interruption insurance — Fin a policy indemnifying an organization for loss of profits and continuing fixed expenses when some insurable disaster, for example, a fire, causes the organization to stop or reduce its activities. Also known as consequential loss policy …   The ultimate business dictionary

  • business interruption insurance — noun insurance that provides protection for the loss of profits and continuing fixed expenses resulting from a break in commercial activities due to the occurrence of a peril • Hypernyms: ↑insurance * * * noun : insurance against loss of net… …   Useful english dictionary

  • Потери от прерывания деятельности/BUSINESS INTERRUPTION COSTS — затраты или упущенные доходы вследствие прерывания деятельности …   Толковый словарь по информационному обществу и новой экономике

  • Прерывание деятельности/BUSINESS INTERRUPTION — ожидаемое или непредвиденное нарушение нормальной деятельности …   Толковый словарь по информационному обществу и новой экономике

  • interruption — UK US /ˌɪntəˈrʌpʃən/ noun [C or U] ► an occasion when someone or something stops something from happening for a short period: constant/frequent interruptions »He found he worked better at home without the constant interruptions of his staff. ► an …   Financial and business terms

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