LOSS ADJUSTMENT EXPENSES - How To Discuss

LOSS ADJUSTMENT EXPENSES,

Definition of LOSS ADJUSTMENT EXPENSES:

1. The amount paid by the insurer to calculate and settle the claim, including the costs of defending the claim in court.

2. Costs for determining and dealing with damages

Literal Meanings of LOSS ADJUSTMENT EXPENSES

LOSS:

Synonyms of LOSS

overlooking, losing, impoverishment, dissipation, reduction, forfeiture, deprivation, squandering, waste, misplacement, depletion, mislaying, dropping, diminution, erosion, disappearance, privation, forgetting

ADJUSTMENT:

Meanings of ADJUSTMENT:

1. Small changes or hints to get a custom fit, shape or result.

Sentences of ADJUSTMENT

1. I made some changes in my diet.

Synonyms of ADJUSTMENT

rearrangement, reconciliation, converting, revamping, modification, transformation, amendment, harmonization, twiddling, correcting, regulating, acclimatization, familiarization, repair, habituating, acclimation, tweaking, adaptation, change, habituation, variation, accommodation

EXPENSES:

Meanings of EXPENSES:

1. Compensation (expenses) as taxable income expenses.

Sentences of EXPENSES

1. Investments can be charged up to ,500 17,500 this year.

Synonyms of EXPENSES

fee, rate, amount, payment, levy, outlay, figure, tariff, damage, charge, toll, price, cost