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.
Tag: RAW
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.