normal wear
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Normal Wear-And-Tear — The inevitable physical decline of the condition of a property from time and usage. Normal wear and tear increases over the useful life of any property or asset. It results from normal usage by its occupants as well as from weather and other… … Investment dictionary
wear and tear — UK US noun [U] INSURANCE ► the damage that happens to an object in ordinary use during a period of time: »The insurer will reduce any payout to take into account wear and tear of the item. general/normal wear and tear »The airline will not accept … Financial and business terms
wear and tear — noun decrease in value of an asset due to obsolescence or use • Syn: ↑depreciation • Derivationally related forms: ↑depreciate (for: ↑depreciation) • Hypernyms: ↑financial loss, ↑ … Useful english dictionary
wear — 1 verb past tense wore past participle worn 1 ON YOUR BODY (T) to have something such as clothes, shoes, or jewellery on your body: I m going to wear a black dress and my diamond earrings. | Why aren t you wearing your glasses? | wear a seatbelt… … Longman dictionary of contemporary English
Wear and tear — is a term for damage that naturally and inevitably occurs as a result of normal use or aging. It is used in a legal context for such areas as warranty contracts from manufacturers, which usually stipulate that damage due to wear and tear will not … Wikipedia
wear — [weə ǁ wer] noun ( fair) wear and tear INSURANCE the amount of damage that can be expected to affect a product or property in normal use. Wear and tear is often taken into consideration by an insurance company when paying an insurance claim: •… … Financial and business terms
Normal Watches — is a maker of themed watches. The company is based in and named after Normal, Illinois. Contents 1 History 2 Products 3 Media 4 External links … Wikipedia
wear and tear — wear′ and tear′ [[t]tɛər[/t]] n. damage or deterioration resulting from ordinary use; normal depreciation • Etymology: 1660–70 … From formal English to slang
Wear — For other uses, see Wear (disambiguation). v · d · e Materials failure modes … Wikipedia
Wear And Tear Exclusion — A provision of an insurance contract that states that the normal, expected deterioration of the insured object will not be covered by the policy. Wear and tear is excluded from insurance policy coverage because it is inevitable. Insurance is… … Investment dictionary
wear and tear — /tair/ damage or deterioration resulting from ordinary use; normal depreciation. Also, wear and tear. [1660 70] * * * … Universalium
