Small Businesses
Tech Companies
Motor & Fleet

Financial

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Direct Financial Loss

Examples include system recovery costs, lost revenue during downtime, and extra operational expenses. Consequential or speculative losses are generally excluded unless specifically included. The definition’s precision (what is “direct”) influences claims under Australian contract interpretation principles. (www8.austlii.edu.au)

Related Term

All Category

Examples include system recovery costs, lost revenue during downtime, and extra operational expenses. Consequential or speculative losses are generally excluded unless specifically included. The definition’s precision (what is “direct”) influences claims under Australian contract interpretation principles. (www8.austlii.edu.au)

Related Term

All Category

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