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Total vs. partial loss

Defined in 1 dictionary — Case Law

Definitions from Case Law

From 11 U.S. 415 - Biays v. The Chesapeake Insurance Company · 1813Most cited · 18 citing opinions

The proposition appears too self evident not to command universal assent, that when only a part of a cargo, consisting all of the same kind of articles, is lost in any way whatever, and the residue, which in this case amounts to much the greatest part, arrives in safety at its port of destination, the loss cannot but be partial, and that this must forever be so, as long as a part continues to be less than the whole.