financial loss

financial loss
index failure (bankruptcy)

Burton's Legal Thesaurus. . 2006

financial loss
Legal liability for pecuniary loss sustained by third parties where there has been no third party bodily injury or loss or damage to their property. Insurance for financial loss is normally arranged as an extension to a public/products liability insurance policy.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Look at other dictionaries:

  • financial loss — noun loss of money or decrease in financial value • Hypernyms: ↑loss • Hyponyms: ↑nonpayment, ↑default, ↑nonremittal, ↑capital loss, ↑depreciation, ↑wear and tear, ↑ …   Useful english dictionary

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