actual loss
Defined in 2 dictionaries — Case Law, Black's (1910)
Definitions from Case Law
From 281 U.S. 57 - Illinois Cent Co v. Crail · 1930Most cited · 297 citing opinions
the basic principle underlying common-law remedies that they shall afford only compensation for the injury suffered
Black's Law Dictionary
Henry Campbell Black, M.A. · 1910
One resulting from the real and substantial destruction of the property insured.
Defined under Loss in Black's Law Dictionary.