A complete loss occurs where property is completely destroyed. Frequently used for insurance purposes, such as in auto insurance, where a total loss is also called a "write-off" which represents a judgment call made by an insurance company or insurer that the loss of value or cost of repair of the vehicle (or property) exceeds the policy value. As a result, repair is not a … [Read more...] about TOTAL LOSS
TORY
Originally a nickname for the wild Irish in Ulster. Afterwards given to, and adopted by, one of the two great parliamentary parties which have alternately governed Great Britain since the Revolution in 1688. Wharton. The name was also given, in America, during the struggle of the colonies for independence, to the party of those residents who favored the side of the king and … [Read more...] about TORY
TOTIDEM VERBIS
Latin: In so many words. … [Read more...] about TOTIDEM VERBIS
TOTALITY
The whole sum or quantity. 2. In making a tender, it is requisite that the totality of the sum due should be offered, together with the interest and costs. Vide Tender. … [Read more...] about TOTALITY
TOT
In old English practice, A word written by the foreign opposer or other officer opposite to a debt due the king, to denote that it was a good debt; which was hence said to be totted. … [Read more...] about TOT
