### Question
What is the definition of resulting economic loss?


### Answer
The definition of **resulting economic loss** is as follows in *43 U.S.C. § 1843*:

> the gross income, as estimated by the Secretary, that a commercial fisherman who is eligible for compensation under this section will lose by reason of not being able to engage in fishing, or having to reduce his fishing effort, during the period before the damaged or lost fishing gear concerned is repaired or replaced and available for use

#### Citation:
  - *43 U.S.C. § 1843*
  - Heading: **CHAPTER 36-OUTER CONTINENTAL SHELF RESOURCE MANAGEMENT > SUBCHAPTER II-FISHERMEN'S CONTINGENCY FUND**

