Noun
(accounting) An insured item of which the entire value is written off
(insurance) An insured item that is written off when it is beyond repair, or when the cost of repair exceeds the insured value.
The ship was declared a constructive total loss.
Access from Uruguay to the Internet at large is concentrated in a few providers, which puts the country in the "significant risk" category for total loss of Internet connectivity in the case of internal or external turmoil. Source: Internet
ALMIRA - An Aug. 10 wheat fire burned 50 acres near the intersection of Williams and Old Coulee roads, resulting in the total loss of a combine. Source: Internet
African forest elephants had a total loss of 43%. Source: Internet
As part of the operation, they attempted to land heli-borne troops in the vicinity of El Rom. The counterattack was repulsed, and four Syrian helicopters were shot down with total loss of life. Source: Internet
During Operation Kutuzov, Soviet losses amounted to 112,529 irrecoverable casualties and 317,361 medical casualties, for a total loss of 429,890 men.sfn The Western Front reported 25,585 irrecoverable casualties and 76,856 medical casualties. Source: Internet
It is also important to look through your options since these are your hard-earned savings which are in line and you don’t want to incur a total loss on your investment. Source: Internet