About: Economic loss   Sponge Permalink

An Entity of Type : owl:Thing, within Data Space : 134.155.108.49:8890 associated with source dataset(s)

Economic loss includes the direct financial loss based upon the difference in value between what was received as compared to what was represented, together with the cost of replacement and repair, as well as, consequential, or indirect, and economic losses attributable to the product defect, such as lost profits resulting from the inability to make use of the product.

AttributesValues
rdfs:label
  • Economic loss
rdfs:comment
  • Economic loss includes the direct financial loss based upon the difference in value between what was received as compared to what was represented, together with the cost of replacement and repair, as well as, consequential, or indirect, and economic losses attributable to the product defect, such as lost profits resulting from the inability to make use of the product.
dcterms:subject
abstract
  • Economic loss includes the direct financial loss based upon the difference in value between what was received as compared to what was represented, together with the cost of replacement and repair, as well as, consequential, or indirect, and economic losses attributable to the product defect, such as lost profits resulting from the inability to make use of the product.
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