Definitions for Total Loss
to·tal loss

WiktionaryRate this definition:0.0 / 0 votes

1. total lossnoun

   An insured item of which the entire value is written off

WikipediaRate this definition:0.0 / 0 votes

1. Total loss

   In insurance claims, a total loss or write-off is a situation where the lost value, repair cost or salvage cost of a damaged property exceeds its insured value, and simply replacing the old property with a new equivalent is more cost-effective.Such a loss may be an "actual total loss" or a "constructive total loss". Constructive total loss considers further incidental expenses beyond repair, such as force majeure.

WikidataRate this definition:5.0 / 1 vote

1. Total loss

   In insurance, a total loss or write-off is a judgment, by an insurer, that the lost value or repair cost of a damaged property exceeds the value of its policy, resulting is what it concludes is a "total loss" or "constructive total loss" A constructive total loss factors other incidental expenses beyond repair, such as salvage. Policies covering homes, vehicles and other non-investment assets subject to depreciation typically pay the insured only a fraction of the cost of replacing the property, meaning they could become "total losses" even though some value remains. About one in seven car accident claims results in a "total".

Dictionary of Nautical TermsRate this definition:0.0 / 0 votes

1. total loss

   A term in marine insurance, implying that the underwriters are to pay the amount insured without salvage.

How to pronounce Total Loss?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say Total Loss in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of Total Loss in Chaldean Numerology is: 8

2. Pythagorean Numerology

   The numerical value of Total Loss in Pythagorean Numerology is: 7

Examples of Total Loss in a Sentence

1. Billy Mack Williams:

   Everything is a total loss, pretty much.

2. David Ortiz:

   It's a large building, about a block long. The whole building is a total loss. The fire did spread into two neighboring buildings, the fire was going across the freeway.

3. Mr Storm:

   I used a geology rock hammer to pull it out of the lava and thought it was a total loss.

4. John Berger:

   When we suffer anguish we return to early childhood because that is the period in which we first learnt to suffer the experience of total loss. It was more than that. It was the period in which we suffered more total losses than in all the rest of our life put together.

5. Zara Patel:

   Patients who suffer from decreased or total loss of smell, called ‘hyposmia’ or ‘anosmia’ are deeply affected by this problem, compared to the other special senses, for example, loss of vision or hearing, the loss of smell is often thought of as relatively inconsequential, but this is far from the truth.

References

1. ^ Wiktionary
   https://en.wiktionary.org/wiki/Total_Loss
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Total_Loss
3. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=Total Loss
4. ^ Dictionary of Nautical Terms
   https://www.gutenberg.org/cache/epub/26000/pg26000-images.html#:~:text=Total Loss