Trade libel
Term · Insurance and risk management · MLC-T-INS-003354
A false and malicious statement made about a competitor's goods, services, or business practices that causes financial harm to that competitor. This tort is a form of defamation specifically targeting a business's commercial reputation rather than an individual's personal character. It requires proof of actual monetary loss resulting from the disparaging remarks.
| Identifier | MLC-T-INS-003354 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-003354",
"term": "Trade libel",
"field": "Insurance and risk management",
"definition": "A false and malicious statement made about a competitor's goods, services, or business practices that causes financial harm to that competitor. This tort is a form of defamation specifically targeting a business's commercial reputation rather than an individual's personal character. It requires proof of actual monetary loss resulting from the disparaging remarks.",
"url": "https://mlchart.com/terminology/insurance/trade-libel/"
}
Record 3,422 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.