What does actual loss mean?

actual loss meaning in Law Dictionary

reduction in a transaction considering inflation, prices, and scrap value of an object. Make reference to actual total reduction.

actual loss meaning in Business Dictionary

web reduction from a transaction, after using all expenses, effect of rising prices, and residual or scrap worth into account. See in addition real total reduction.

Sentence Examples with the word actual loss

The initial indications of the disease were cutaneous itching, tingling and formication, which gave place to actual loss of cutaneous sensation, first observed in the extremities.

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