Casualty

Casualty

CASUALTY

A serious or fatal accident. A person or thing injured, lost, or destroyed. A disastrous occurrence due to sudden, unexpected, or unusual cause. Accident; misfortune or mishap; that which comes by chance or without design. A loss from such an event or cause, as by fire, shipwreck, lightning, etc.

An inevitable casualty is one that occurs through no fault of anyone. It happens totally without design, as in the case of an accident resulting from an act of God, such as a house struck by lightning or flooded by a storm.

A casualty loss is a tax deduction that can be taken for an accident that is incurred in a trade or business, in a transaction entered into for profit, or for the complete or partial loss or destruction of property owned by the taxpayer. It arises from certain specific events such as a fire, an auto accident, or a flood. Casualty losses are computed subject to special rules and are treated as itemized deductions.

Many people purchase casualty insurance so that they will be protected or covered in the event of specific misfortune or accident. It is a type of insurance that covers losses resulting from injuries to people.

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"Casualty." West's Encyclopedia of American Law. 2005. Encyclopedia.com. 31 May. 2012 <http://www.encyclopedia.com>.

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casualty

cas·u·al·ty / ˈkazh(oō)əltē/ • n. (pl. -ties) a person killed or injured in a war or accident. ∎ fig. a person or thing badly affected by an event or situation: the building industry has been one of the casualties of the recession. ∎  (chiefly in insurance) an accident, mishap, or disaster.

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"casualty." The Oxford Pocket Dictionary of Current English. 2009. Encyclopedia.com. 31 May. 2012 <http://www.encyclopedia.com>.

"casualty." The Oxford Pocket Dictionary of Current English. 2009. Encyclopedia.com. (May 31, 2012). http://www.encyclopedia.com/doc/1O999-casualty.html

"casualty." The Oxford Pocket Dictionary of Current English. 2009. Retrieved May 31, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1O999-casualty.html

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casualty

casualty n.any person who is lost to the organization by having been declared “dead,” “missing,” “ill,” “injured,” or “duty status-whereabouts unknown.”

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"casualty." The Oxford Essential Dictionary of the U.S. Military. 2001. Encyclopedia.com. 31 May. 2012 <http://www.encyclopedia.com>.

"casualty." The Oxford Essential Dictionary of the U.S. Military. 2001. Encyclopedia.com. (May 31, 2012). http://www.encyclopedia.com/doc/1O63-casualty.html

"casualty." The Oxford Essential Dictionary of the U.S. Military. 2001. Retrieved May 31, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1O63-casualty.html

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casualty

casualtyfooty, putti, sooty, tutti •shufti • casualty • deputy •butty, cutty, gutty, nutty, puttee, putty, rutty, smutty •mufti, tufty •bhakti • subtlety • humpty-dumpty •Bunty, runty •bustee, busty, crusty, dusty, fusty, gusty, lusty, musty, rusty, trusty •fealty • realty •propriety, society •loyalty, royalty •cruelty •Krishnamurti, Trimurti •liberty • puberty •faggoty, maggoty •Hecate • chocolatey • Cromarty •commonalty • personalty • property •carroty • guaranty • mayoralty •warranty • admiralty • severalty •poverty •Alberti, Bertie, dirty, flirty, shirty, thirty •uncertainty •Kirstie, thirsty •bloodthirsty

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"casualty." Oxford Dictionary of Rhymes. 2007. Encyclopedia.com. 31 May. 2012 <http://www.encyclopedia.com>.

"casualty." Oxford Dictionary of Rhymes. 2007. Encyclopedia.com. (May 31, 2012). http://www.encyclopedia.com/doc/1O233-casualty.html

"casualty." Oxford Dictionary of Rhymes. 2007. Retrieved May 31, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1O233-casualty.html

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Free newspaper and magazine articles

Casualty rates steady to slightly lower.(Property and casualty insurance market)
Magazine article from: Business Insurance; 9/25/2006
Casualty cat remains tough risk to model; Complicated process hinders...
Magazine article from: Business Insurance; 3/15/2010
Columbia Casualty Co.(Company Profile)
Magazine article from: Business Insurance; 9/16/1996

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