1.0Glossaryhttps://www.healthbenefitstimes.com/glossaryGlossaryhttps://www.healthbenefitstimes.com/glossary/author/adminglossary/Loss - Definition of Lossrich600338<blockquote class="wp-embedded-content" data-secret="GIzrm1MPcq"><a href="https://www.healthbenefitstimes.com/glossary/loss/">Loss</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.healthbenefitstimes.com/glossary/loss/embed/#?secret=GIzrm1MPcq" width="600" height="338" title="“Loss” — Glossary" data-secret="GIzrm1MPcq" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script>
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In insurance, the basis for a claim under the terms of an insurance policy. Any diminution of quantity, quality or value of property, resulting from the occurrence of some peril or hazard.The basis of claim on the part of a party to a lawsuit or an insurance carrier.Power dissipation refers to the energy that is expended within a device or system without being utilized for productive work.