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Actual Total Loss
(redirected from Total Loss)

   Also found in: Legal, Acronyms 0.01 sec.
Actual Total Loss
The total amount that an insurance company pays to a policyholder when an insured item is completely destroyed, damaged beyond use, or disappears without explanation. It is also called total loss.


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4 per cent third-quarter fall takes the total loss of output since the recession began last year to 5.
19m was forecast to disappear from revenues from planning fees, charged for planning permission for new developments, extensions and conversions - making a total loss of pounds 1.
Falling used car values coupled with increases in the cost of materials has meant increasing numbers of insurance companies are simply declaring a vehicle a total loss.
 
 
 
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