MetaGlossary.com: Consequential Damage

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Keywords: Spoiled, Indirect, Breakdown, Accident, Refrigerator

Related Terms: Comprehensive Coverage, Collision Coverage, Underinsured Motorist Coverage, Peril, Indemnify, Automobile Liability Insurance, Automobile Physical Damage Insurance, No-Fault Insurance, Indirect Damage, Property Damage, Physical Damage, General Damages, Underinsured Motorists Coverage, Compensatory Damages, Uninsured Motorist Coverage, Bodily Injury Liability Coverage, Economic Loss, Collision Insurance, Comprehensive Insurance, Combined Single Limit, Consequential Loss, Liability Coverage, Uninsured Motorist Property Damage, Pip , Comprehensive, Automobile Insurance, Bodily Injury Liability, No-Fault Automobile Insurance, Split Limits, Underinsured Motorist, No Fault, Bodily Injury Liability Insurance, Cdw, Accidental Damage, Uninsured, Uninsured Motorists Coverage, Special Damages, Actual Damages, Medical Payments, Underinsured Motorist Bodily Injury Coverage, Accident, Auto Insurance Policy, Property Damage Liability Coverage, Uninsured Motorist Property Damage Coverage, Uninsured Motorist Bodily Injury, Comprehensive Physical Damage Coverage, Comprehensive Cover, Accidental Bodily Injury, Accidental Damage Cover, Physical Damage Coverage

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The resulted outcome of a loss, not the origin related damage.

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Damage that is an indirect result of an accident or fire, e.g. food spoiled through breakdown of a refrigerator.

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(Dommages indirects) Damage which is an indirect result of an accident or fire (e.g. food spoilage through breakdown of a freezer).

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Consequential damage is loss or damage which is not a direct result of a breach of contract or negligence but occurs as a consequence (e.g. lost future sales). A seller will normally exclude responsibility for such damages in the supply contract or terms and conditions of sale.

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A loss which is an indirect result of an accident or fire, e.g. food spoiled through breakdown of a refrigerator.

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Damages incurred as the result of the effects of a party's breach of responsibility or contract and usually result in financial compensation.

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