Disparagement of goods
Term · Insurance and risk management · MLC-T-INS-001195
The act of publishing false statements about another party's products, services, or property with the intent to cause financial loss. Also known as commercial disparagement or trade libel, this tort requires the claimant to prove the statement was untrue, was made with malice, and resulted in specific economic damages. Commercial General Liability policies typically provide coverage for this exposure under the personal and advertising injury liability section, which responds to claims of slander, libel, and disparagement.
| Identifier | MLC-T-INS-001195 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-001195",
"term": "Disparagement of goods",
"field": "Insurance and risk management",
"definition": "The act of publishing false statements about another party's products, services, or property with the intent to cause financial loss. Also known as commercial disparagement or trade libel, this tort requires the claimant to prove the statement was untrue, was made with malice, and resulted in specific economic damages. Commercial General Liability policies typically provide coverage for this exposure under the personal and advertising injury liability section, which responds to claims of slander, libel, and disparagement.",
"url": "https://mlchart.com/terminology/insurance/disparagement-of-goods/"
}
Record 1,020 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.