loss of benefit

  • 1benefit — [n1] advantage, profit account, aid, asset, assistance, avail, benediction, betterment, blessing, boon, cream*, egg in one’s beer*, extras, favor, gain, godsend*, good, gravy*, help, interest, perk*, profit, prosperity, use, welfare, worth;… …

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  • 2Loss 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… …

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  • 3Loss mitigation — [http://www.hud.gov/offices/hsg/sfh/nsc/lmmltrs.cfm [Loss Mitigation Policy Guidance] ] is used to describe a third party helping a homeowner, a division within a bank that mitigates the loss of the bank, or a firm that handles the process of… …

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  • 4loss of services — A deprivation of a family member, such as a parent or spouse, of the right to benefit from the performance of various duties, coupled with the privation of love and companionship, provided by the victim of a personal injury or wrongful death.… …

    Law dictionary

  • 5benefit — vb Benefit, profit, avail mean to do good or to be of advantage to someone. Benefit usually implies personal betterment or improvement (as of one s physical, intellectual, moral, or spiritual condition), but it may suggest enrichment or a… …

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  • 6benefit of the bargain — benefit of the bargain: the advantage that would be or have been gained under a contract if completed as agreed; specif: the difference between the actual value of property and the value of property as it is represented in case of… …

    Law dictionary

  • 7loss of bargain — loss of bargain: benefit of the bargain Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. loss of bargain …

    Law dictionary

  • 8benefit-of-the-bargain rule — n. 1 In breach of contract cases, the principle that the aggrieved party is entitled from the party who breached the contract to everything that he would have received, including profits, if the breach had not occurred. 2 In cases involving fraud …

    Law dictionary

  • 9Loss 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 …

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  • 10Loss payee clause — A loss payee clause (or loss payable clause) is a clause in a contract of insurance which provides that in the event of payment being made under the policy in relation to the insured risk, payment will be made to a third party rather than to the… …

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