Economic loss definition

Economic loss means any of the following types of pecuniary harm:
Economic loss means economic detriment consisting only of allowable expense, work loss, replacement services loss and, if injury causes death, dependent's economic loss and dependent's replacement service loss. Noneconomic detriment is not loss, but economic detriment is loss although caused by pain and suffering or physical impairment.
Economic loss means any economic detriment suffered by a victim of a delinquent act or juvenile traffic offense as a direct and proximate result of the delinquent act or juvenile traffic offense and includes any loss of income due to lost time at work because of any injury caused to the victim and any property loss, medical cost, or funeral expense incurred as a result of the delinquent act or juvenile traffic offense. "Economic loss" does not include non-economic loss or any punitive or exemplary damages.

Examples of Economic loss in a sentence

  • Economic loss Economic loss associated with disease is generally presented in the literature as an estimation of the value of the YPLL in dollar amounts (i.e., valuation of a population’s lost years of work over a lifetime).

  • Economic loss has been found by Kansas courts to include “the loss of the bargain of damages, costs of replacement or repair, loss of profits, loss of good will and loss of business reputation.” Professional Lens Plan, Inc., v.

  • Refer to the Economic loss drivers section for details of economic scenarios.

  • Reintegration plays an essential part of return migration as it empowers and protects returnees by providing them with the necessary tools and assistance for their reinsertion into society and their country of origin, while general contributing to the sustainability of return.

  • Economic loss refers to pecuniary or commercial damage, including any decreased value or repair costs for a product or property that is itself the subject of a contract between plaintiff and defendant, and consequential damages such as lost profits.


More Definitions of Economic loss

Economic loss means loss of profits, interest, business, goodwill or commercial, market or economic opportunity, whether direct or indirect and whether or not foreseeable. For the avoidance of doubt, our margin or management and administration fees and any Mark to Market Loss are not Economic Losses and shall not be construed as such;
Economic loss means any economic detriment suffered by a victim as a direct and proximate result of the commission of an offense and includes any loss of income due to lost time at work because of any injury caused to the victim, and any property loss, medical cost, or funeral expense incurred as a result of the commission of the offense. "Economic loss" does not include non-economic loss or any punitive or exemplary damages.
Economic loss means economic detriment consisting only of allowable expense, work loss, funeral expense, unemployment benefits loss, replacement services loss, cost of crime scene cleanup, and cost of evidence replacement. If criminally injurious conduct causes death, economic loss includes a dependent's economic loss and a dependent's replacement services loss. Noneconomic detriment is not economic loss; however, economic loss may be caused by pain and suffering or physical impairment.
Economic loss means loss of profits, revenues, interest, business, goodwill or commercial, market or economic opportunity, whether direct or indirect and whether or not foreseeable. For the avoidance of doubt, our margin or management and administration fees and any Mark to Market Loss are not Economic Losses and shall not be construed as such;
Economic loss means pecuniary loss, as defined in section 94923 of the Code. Economic loss also includes any “educational opportunity loss.”
Economic loss means any loss of profit, loss of revenue, loss of product, loss of expected savings, loss of income, rent or holding costs, loss of expected production, opportunity costs, loss of business (including loss or reduction of goodwill or opportunity), and damage to reputation from or related in any way to the Agreement or its subject matter, whether actual, direct, indirect, anticipated or otherwise.
Economic loss means economic detriment consisting only of allowable expense,