Business, Legal & Accounting Glossary
n. 1) an accident which could not have been foreseen or guarded against, such as a shipwreck caused by storm or fire caused by lightning. 2) the loss, as of life, from such an unavoidable accident. The courts remain inconsistent on the exact definition.
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This glossary post was last updated: 26th April, 2020 | 2 Views.