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 of 'Consequential Loss'. The amount of loss incurred as a result of being unable to use business property or equipment. If the property/equipment is damaged through a natural disaster or accident, only certain types of insurance can cover the owner for lost business income.Consequential loss is considered an indirect loss (as compared to losses from the direct damage).Direct damages would be covered under different types of insurance, such as property/casual or fire insurance, but the firm still incurs the costs of lost operations.nsurance to compensate for consequential losses can also cover situations where no direct damage is done to property, but loss of revenue occurs because of things like a power outage or breach of contract from a supplier or business partner. RELATED TERMS.