Define: Loss Of Use

Loss Of Use
Loss Of Use
Quick Summary of Loss Of Use

In UK law, “loss of use” refers to a compensable loss that arises when an individual or entity is deprived of the ability to use a property, asset, or item of value due to the actions or negligence of another party. This concept commonly arises in the context of property damage or personal injury claims, where the injured party may seek compensation not only for the direct costs of repair or medical treatment but also for the period during which they are unable to use the damaged property or suffer a diminished capacity to perform certain activities. Loss of use damages aim to restore the injured party to the position they would have been in had the injury or damage not occurred, typically through monetary compensation for the period of deprivation or diminished utility. Courts may consider factors such as the extent of the loss, the duration of the deprivation, and any alternative arrangements made by the injured party in assessing the appropriate compensation for loss of use.

What is the dictionary definition of Loss Of Use?
Dictionary Definition of Loss Of Use

n. the inability to use an automobile, premises or some equipment due to damage to the vehicle, premises or articles caused by the negligence or other wrongdoing of another. Examples: compensation for each day a car is out of commission during repairs or for the period of non-occupancy while a burned building is restored. A common standard of compensation (payment) is rental value of the automobile or premises, but the period of loss must be “reasonable,” meaning the damages will be limited to a period in which a person would normally and promptly proceed to have the vehicle repaired or arrange reconstruction of the building or premises.

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This glossary post was last updated: 29th March, 2024.

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