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 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.

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;

Examples of Economic loss in a sentence

Economic loss “is recoverable where one intentionally makes false representations, and where one who is in the business of supplying information for the guidance of others in their business transactions makes negligent representations.” Moorman Mfg.
Economic loss includes loss of time or income and losses other than medical expenses incurred as a result of a plaintiff’s injuries to date (and the economic loss plaintiff is reasonably expected to incur in the future) [reduced to present value].
Economic loss claims made up to 96% of claims from the Gulf Coast Claims Facility following the 2010 Deepwater Horizon incident in the United States.
Economic loss in Lost Wages due to Crime Victims are injured by crimes and one way this happens is need for time to cope with the after effects of the crime.77 In 1998 the National Institute for Drug Abuse (NIDA) published 1992 estimates for selected crimes of how many days it takes a victim to cope with the immediate after 73 Office of Research & Planning.

More Definitions of Economic loss

Economic loss means any of the following types of pecuniary harm:

Economic loss means any economic detriment suffered by a victim of a delinquent act as a result of the delinquent act 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.

Economic loss means any loss of profits, revenues, interest, business goodwill, or commercial, market, or economic opportunity, whether direct or indirect, and whether or not foreseeable.

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 monetary detriment consisting only of allowable expense, work loss, replacement services loss and, if injury causes death, economic loss and replacement services loss of a dependent, but shall not include noneconomic loss;

Economic loss means any loss of profits, loss of business, loss of anticipated savings, depletion of goodwill and/or similar losses, loss of opportunity, or any special, consequential, indirect or pure economic loss, damage, costs, charges or expenses incurred or suffered by a party;