Casualty
Term · Law · MLC-T-LAW-000886
An unforeseen and unfortunate event resulting in loss, damage, or injury to persons or property. In legal contexts, particularly insurance and contract law, it denotes a sudden, accidental occurrence such as a fire, flood, or collision, as opposed to a gradual process like wear and tear. The specific definition and covered events are detailed in the language of an insurance policy or contract.
| Identifier | MLC-T-LAW-000886 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-000886",
"term": "Casualty",
"field": "Law",
"definition": "An unforeseen and unfortunate event resulting in loss, damage, or injury to persons or property. In legal contexts, particularly insurance and contract law, it denotes a sudden, accidental occurrence such as a fire, flood, or collision, as opposed to a gradual process like wear and tear. The specific definition and covered events are detailed in the language of an insurance policy or contract.",
"url": "https://mlchart.com/terminology/law/casualty/"
}
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