Loss of Expected Profit definition of Loss of Expected Profit in the Free Online Encyclopedia.

Loss of Expected Profit

in civil law, a loss incurred by a hirer if the contracting party fails to perform an obligation, performs it improperly, or causes noncontractual harm. In such cases, the contracting party must compensate the hirer for the resulting loss.

In accordance with Soviet law, the expected profit is the income that the hirer would have received if the contractor had fulfilled his obligation. The loss is subject to compensation except in certain cases provided by law. Thus, if a socialist organization, having assumed by contract an obligation to transfer property for gratuitous use, fails to provide the property, the organization must, in accordance with Article 344 of the Civil Code of the RSFSR, compensate the hirer for expenditures made in expectation of receiving the property or for related damage or loss of the hirer’s own property. For example, a socialist organization must reimburse a hirer for money spent to equip the hirer’s premises for machinery that the organization was obligated to deliver in accordance with a contract for gratuitous use of property.

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No references found	Losev, Aleksei Fedorovich Losev, Oleg Losev, Oleg Vladimirovich Losey Losey, Joseph loseyite Loshan Losik, Oleg Losik, Oleg Aleksandrovich losing losing stream Losino-Petrovskii Losinovka Losinyi Losonczi, Pal Losonczi, Pál Lososina loss loss angle loss cone loss current loss evaluation loss factor loss function loss modulation Loss of Expected Profit loss of gloss loss of head loss of heterozygosity loss of information loss of prestress loss of use insurance Loss, Louis loss-cone instability loss-in-weight feeder loss-of-head gage lossage losser circuit Lossev effect Losskii, Nikolai Losskii, Nikolai Onufrievich lossless lossless audio compression lossless compression lossless data compression lossless junction lossless material Lossless Predictive Audio Compression lossy lossy attenuator lossy audio compression	Loss of Containment Loss of Continuity Loss of Control Loss of Control Rod Cooling Loss of coolant accident Loss of Coolant Casualty Loss of Coolant with Coincident Loss of Emergency Core Cooling Loss of coordination Loss of coordination Loss of coordination loss of credence loss of credit Loss of Crew & Vehicle Loss Of Data Loss of Down Loss of Earning Evaluation Loss of Earning Power Loss of Earnings Capacity Loss Of Effect Loss of Electrical Power Loss Of Energy Loss of Energy Expectation Loss of Energy Probability Loss of Enjoyment of Life Loss of Excitation Loss of Exclusivity Loss of Expected Profit Loss of Feedwater Loss of Flow Loss of Flow Accident Loss Of Flow Without SCRAM Loss Of Fluid Test loss of fortune Loss Of Frame Loss of Frame Alignment Loss Of Frame C-Bit - Path Loss of function Loss of function Loss of function Loss of function Loss of function Loss of Function for Personnel Loss of Future Earnings loss of gloss Loss of Gray-White Differentiation loss of head loss of health Loss of Heat Sink Loss of heterozygosity Loss of heterozygosity Loss of Heterozygosity for Chromosome 22 Loss of Heterozygosity on Chromosome 10 Loss Of Hire loss of honor Loss of Hull Integrity loss of identity

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Loss of Containment
Loss of Continuity
Loss of Control
Loss of Control Rod Cooling
Loss of coolant accident
Loss of Coolant Casualty
Loss of Coolant with Coincident Loss of Emergency Core Cooling
Loss of coordination
Loss of coordination
Loss of coordination
loss of credence
loss of credit
Loss of Crew & Vehicle
Loss Of Data
Loss of Down
Loss of Earning Evaluation
Loss of Earning Power
Loss of Earnings Capacity
Loss Of Effect
Loss of Electrical Power
Loss Of Energy
Loss of Energy Expectation
Loss of Energy Probability
Loss of Enjoyment of Life
Loss of Excitation
Loss of Exclusivity

Loss of Expected Profit

Loss of Feedwater
Loss of Flow
Loss of Flow Accident
Loss Of Flow Without SCRAM
Loss Of Fluid Test
loss of fortune
Loss Of Frame
Loss of Frame Alignment
Loss Of Frame C-Bit - Path
Loss of function
Loss of function
Loss of function
Loss of function
Loss of function
Loss of Function for Personnel
Loss of Future Earnings
loss of gloss
Loss of Gray-White Differentiation
loss of head
loss of health
Loss of Heat Sink
Loss of heterozygosity
Loss of heterozygosity
Loss of Heterozygosity for Chromosome 22
Loss of Heterozygosity on Chromosome 10
Loss Of Hire
loss of honor
Loss of Hull Integrity
loss of identity