loss of service
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Loss of service — (15 minutes) Any loss in service for greater than 15 minutes by an electric utility of firm loads totaling more than 200 MW, or 50 percent of the total load being supplied immediately prior to the incident, whichever is less. However, utilities … Energy terms
loss leader — ˈloss ˌleader noun [countable] 1. MARKETING a product or service that is sold at a loss, but that is intended to encourage people to buy other, profitable products or services: • Supermarkets sometimes sell bread as a loss leader to bring in… … Financial and business terms
loss — is a generic and relative term. It signifies the act of losing or the thing lost; it is not a word of limited, hard and fast meaning and has been held synonymous with, or equivalent to, damage , damages , deprivation , detriment , injury , and… … Black's law dictionary
loss — is a generic and relative term. It signifies the act of losing or the thing lost; it is not a word of limited, hard and fast meaning and has been held synonymous with, or equivalent to, damage , damages , deprivation , detriment , injury , and… … Black's law dictionary
Loss of chance in English law — refers to a particular problem of causation, which arises in tort and contract. The law is invited to assess hypothetical outcomes, either affecting the claimant or a third party, where the defendant s breach of contract or of the duty of care… … Wikipedia
Loss of use — is the inability, due to a tort or other injury to use a body part, animal, equipment, premises, or other property. Law.com defines it as the inability to use an automobile, premises or some equipment due to damage to the vehicle, premises or… … Wikipedia
service contract — service agreement An employment contract between an employer and employee, usually a senior employee, such as a director, executive manager, etc. Service contracts must be kept at the registered office of a company and be open to inspection by… … Big dictionary of business and management
service — ser·vice 1 n 1: the act of delivering to or informing someone of a writ, summons, or other notice as prescribed by law after service of process see also notice by publication at notice, s … Law dictionary
Service economy — can refer to one or both of two recent economic developments. One is the increased importance of the service sector in industrialized economies. Services account for a higher percentage of US GDP than 20 years ago. The current list of Fortune 500 … Wikipedia
Loss leader — A loss leader or leader [ [http://www.bartleby.com/61/46/L0084600.html Leader] , The American Heritage Dictionary of the English Language: Fourth Edition , Houghton Mifflin Company, 2000.] (also called a key value item in the United Kingdom) is a … Wikipedia
Loss Leader Strategy — A business strategy in which a business offers a product or service at a price that is not profitable for the sake of offering another product/service at a greater profit or to attract new customers. This is a common practice when a business… … Investment dictionary
