total loss

A term in marine insurance, implying that the underwriters are to pay the amount insured without salvage.

← tot × tote →

constructive total loss
When the repair of damage sustained by the perils of the sea would cost more than the ship would be ...

The Sailor's Word-Book
Total
·noun The whole; the whole sum or amount; as, these sums added make the grand total of five millions...

Webster's Dictionary of the English Language
Loss
·vt Failure to use advantageously; as, loss of time. II. Loss ·vt Failure to gain or win; as, loss ...

Webster's Dictionary of the English Language
loss
Total loss is the insurance recovered under peril, according to the invoice price of the goods when ...

The Sailor's Word-Book
tee-total
Entirey; total. A modern cant word, formed by reduplication, the syllable tee being used for the let...

Dictionary of American Words And Phrases by John Russell Bartlett.
Core loss
·add. ·- Energy wasted by hysteresis or eddy currents in the core of an armature, transformer, ·etc....

Webster's Dictionary of the English Language
salvage loss
A term in marine insurance implying that the underwriters are liable to pay the amount insured on th...

The Sailor's Word-Book
fire, loss by
Is within the policy of insurance, whether it be by accident, or by the fault of the master or marin...

The Sailor's Word-Book