indirect loss

Definition of "indirect loss"
  1. A type of damage, not caused directly, but as a consequence or result of a particular action or event
How to use "indirect loss" in a sentence
  1. The insurance company refused to cover the indirect loss caused by the flood, stating that their policy only covered direct damages.
  2. The indirect loss from the production halt was higher than the initial damage as the company lost several contracts.
  3. The attorney argued that the indirect loss their client suffered due to the event was much more impactful than the initial physical damages.

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