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Lost or not lost

Defined in 4 dictionaries — Ballentine's (1916), Black's (1910), Kinney (1893), Black's (1891)

Ballentine's Law Dictionary

James A. Ballentine · 1916

A term used in marine policies to include indemnity against both past and future losses. See 98 U. S. 528, 25 L. Ed. 219.

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

A phrase sometimes inserted in policies of marine insurance to signify that the contract is meant to relate back to the beginning of a voyage now in progress, or to some other antecedent time, and to be valid and effectual even if, at the moment of executing the policy, the vessel should have already perished by some of the perils insured against, provided that neither party has knowledge of that fact or any advantage over the other in the way of superior means of information. See Hooper v. Robinson, 98 U. S. 537, 25 L. Ed. 2l9; Insurance Co. v. Folsom, 18 Wall. 251, 21 L. Ed. 827.

Defined under Lost in Black's Law Dictionary.

A Law Dictionary and Glossary

George C. Kinney · 1893

A clause in marine policies of insurance, meaning that the contract is intended to embrace a loss which may have already happened.

A Dictionary of Law

Henry Campbell Black · 1891

A phrase sometimes inserted in policies of marine insurance to signify that tle contract is meant to relate back to the beginning of a voyage now in progress, or to some other antecedent time, and to be valid and effectual even if, at the moment of executing the policy, the vessel should have already perished by some of the perils insured against, provided that neither party has knowledge of that fact or any advantage over the other in the way of superior moans of information.