indirect loss
- A type of damage, not caused directly, but as a consequence or result of a particular action or event
- The insurance company refused to cover the indirect loss caused by the flood, stating that their policy only covered direct damages.
- The indirect loss from the production halt was higher than the initial damage as the company lost several contracts.
- 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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