TERMIUM Plus®

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Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 2003-06-11

English

Subject field(s)
  • Transportation Insurance
  • Cargo (Water Transport)
DEF

A change in the nature or character of cargo which, in insurance terms, is effectively an actual total loss.

OBS

Loss of specie occurs where the insured property is so damaged that it ceases to be a thing of the kind insured, that is, it changes its specie. An example would be cement which when immersed in seawater becomes concrete.

French

Domaine(s)
  • Assurance transport
  • Cargaisons (Transport par eau)

Spanish

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