total loss (English, noun)
expansion: total loss (plural total losses)
Senses:
topics: accounting
business
finance
glosses: An insured item of which the entire value is written off.
topics: business
insurance
wikidata: Q315971
glosses: An insured item that is written off when it is beyond repair, or when the cost of repair exceeds the insured value.
Forms:
form: total losses
tags: plural