The United States Dollar is also known as the American Dollar, and the US Dollar. The symbol for BDT can be written Tk. The symbol for USD can be written $. The Bangladeshi Taka is divided into 100 paisa (poisha).
Definition of actual total loss (ATL): Loss that occurs when the insured property (1) is totally destroyed, (2) is so damaged that it is no longer the thing that was insured, (3) is useless for the purpose for which it was bought (such as ...
Definition: Actual loss in insurance refers to the total costs directly or indirectly resulting from a claim. It represents the actual costs or expenses incurred due to the claim and make up the total payout the insurance company will make for the entire loss, per the policy wording.