Legal Definition and Related Resources of Amount of loss

Meaning of Amount of loss

In Insurance. The diminution, destruction, or defeat to the insured of the value of, or of the charge upon, the insured object, by the direct conr sequence of the operation of the risk insured against, according to its valuefin thte policy, or in contribution for loss, io tat as its value is covered by the insurance/ 2 Phil. Ins. cc. 25-27; 2 Pars. Mar. Law, c. 10, § 1, cc. 11, 12; 9 Cush. (Mass.) ,415; 1 Gray (Mass.) 371; 26 N. H. 389; 31 N. H. 238; 5 Duer (N. Y.) 1; 1 Dutch. (N. J.) 506; 6 Ohio St. 200; 5 R. I. 426; 2 Md. 217; 7 El. & Bl. 172.

What does Amount of loss mean in American Law?

The definition of Amount of loss in the law of the United States, as defined by the lexicographer Arthur Leff in his legal dictionary is:

In general, the amount for which compensatory damages will be awarded. In insurance law, the diminution in value due to an insured cause, some or all of which may be paid by the insurer.

Browse

You might be interested in these references tools:

Resource	Description
Amount Of Loss in the Dictionary	Amount Of Loss in our legal dictionaries
Browse the Legal Thesaurus	Find synonyms and related words of Amount Of Loss
Legal Maxims	Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law
Legal Answers (Q&A)	A community-driven knowledge creation process, of enduring value to a broad audience
Related topics	Amount Of Loss in the World Encyclopedia of Law

Notice

This definition of Amount Of Loss Is based on the The Cyclopedic Law Dictionary . This entry needs to be proofread.

Vocabularies (Semantic Web Information)

Resource	Description
Topic Map	A group of names, occurrences and associations
Topic Tree	A topic display format, showing the hierarchy
Sitemap Index	Sitemap Index, including Taxonomies
https://legaldictionary.lawin.org/amount-of-loss/	The URI of Amount Of Loss (more about URIs)

Amount of loss