{"id":81354,"date":"2021-02-05T08:58:03","date_gmt":"2021-02-05T08:58:03","guid":{"rendered":"https:\/\/www.healthbenefitstimes.com\/glossary\/?p=81354"},"modified":"2023-05-22T09:35:26","modified_gmt":"2023-05-22T09:35:26","slug":"loss","status":"publish","type":"post","link":"https:\/\/www.healthbenefitstimes.com\/glossary\/loss\/","title":{"rendered":"Loss"},"content":{"rendered":"<p>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.<\/p>\n<hr \/>\n<p>The basis of claim on the part of a party to a lawsuit or an insurance carrier.<\/p>\n<hr \/>\n<p>Power dissipation refers to the energy that is expended within a device or system without being utilized for productive work.<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-81354","post","type-post","status-publish","format-standard","hentry","category-l"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Loss - Definition of Loss<\/title>\n<meta name=\"description\" content=\"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.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.healthbenefitstimes.com\/glossary\/loss\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Loss - Definition of Loss\" \/>\n<meta property=\"og:description\" content=\"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.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.healthbenefitstimes.com\/glossary\/loss\/\" \/>\n<meta property=\"og:site_name\" content=\"Glossary\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-05T08:58:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-22T09:35:26+00:00\" \/>\n<meta name=\"author\" content=\"Glossary\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Glossary\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.healthbenefitstimes.com\/glossary\/loss\/\",\"url\":\"https:\/\/www.healthbenefitstimes.com\/glossary\/loss\/\",\"name\":\"Loss - Definition of Loss\",\"isPartOf\":{\"@id\":\"https:\/\/www.healthbenefitstimes.com\/glossary\/#website\"},\"datePublished\":\"2021-02-05T08:58:03+00:00\",\"dateModified\":\"2023-05-22T09:35:26+00:00\",\"author\":{\"@id\":\"https:\/\/www.healthbenefitstimes.com\/glossary\/#\/schema\/person\/ccfef987a4882e6356ae6d77d33e74c5\"},\"description\":\"In insurance, the basis for a claim under the terms of an insurance policy. 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