| 单词 | constructive total loss |
| 释义 | constructive total loss noun[CorU] ukus(abbreviationCTL)INSURANCE asituationin whichinsuredproperty,especiallyaship, is notcompletelydestroyed, but sobadlydamagedthat thecostofrepairingit isgreaterthan thevaluefor which it isinsured. It thenbecomesthepropertyof theinsurancecompany: It must beconsideredwhetherrepairsarefinanciallyfeasibleor whether thevesselshould beconsideredaconstructivetotalloss. Compareactual total loss Examplesofconstructive total lossconstructive total loss The ship was declared aconstructivetotalloss. From Wikipedia  This example is from Wikipedia and may be reused under a CC BY-SA license.She broke her back and was declared aconstructivetotalloss. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.She survived the attack, was towed to port and declared aconstructivetotalloss. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.She was judged to be aconstructivetotallossand any usable equipment was stripped from her hulk. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.Aconstructivetotallossis a situation where the cost of repairs plus the cost of salvage equal or exceed the value. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.She was beached but was declared aconstructivetotalloss. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.Later refloated and eventuially was declared aconstructivetotalloss. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.She was beached but declared aconstructivetotalloss. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.All 204 passengers and 32 crewmembers were rescued, but the ship was deemed aconstructivetotalloss. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.Typically, a shipowner might assign the benefit of a policy to the ship-mortgagor.: 60-63: deals with the issues of aconstructivetotalloss. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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