A form of commercial property coverage. If a lease is broken due to property damage stemming from a peril specified in the contract, the difference between the amount of rent paid and the total rental value is paid for the term of the lease.
Insurance Encyclopedia
Leasehold Interest for Loss
The loss to a tenant, in case a building is damaged, or a valuable lese under which the rental value exceeds the rent.
Leasehold Interest Insurance
Consequential property insurance in which the value of a lease is lost because of the occurrence of an insured-peril loss.
Leasehold interest insurance (Property Insurance)
Property insurance form that covers the loss of lease income due to damage to the property caused by an insured peril.
Leasehold Redemption
A form of capital redemption Policy.
Leasehold redemption policy
See: Capital Redemption Policy.
Leasing of Containers
Containers are taken on lease by carriers from container manufacturing companies. There are four type of leasing arrangements:
leave of absence (LOA) days
Period of time (number of days) during which a patient is discharged temporarily from the hospital. This situation can occur when surgery cannot be scheduled right away, a surgical team is not available, or treatment is necessary after diagnostic tests but cannot begin immediately. LOA days also refers to readmission after surgery for follow-up care, when a patient does not need hospital care during the interim period. LOA requires only one bill, and one diagnosis-related group payment is made.