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Glossary   >   C   >   "Consequential Loss" Definition            Consequential Loss A financial loss occurring as the result of some other loss. Also known as an indirect loss. (eg a shop is destroyed by fire. The loss of the building, stock etc is a direct loss. The loss of ongoing profit because of the inability to continue trading is a consequential loss). Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Consequential Loss - A financial loss occurring as the result of some other loss. Also known as an indirect loss. (eg a shop is destroyed by fire. The loss of the building, stock etc is a direct loss. The loss of ongoing profit because of the inability to continue trading is a consequential loss).