Construct · 1 fields · 1 citations

loss spreading: a standalone construct

One name. One construct. A landmark on the map.

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Tort law

the aim of distributing accident losses widely, for example through enterprises and insurance, so that no single victim bears a crushing loss.

In tort law, loss spreading refers to the aim of distributing accident losses widely, for example through enterprises and insurance, so that no single victim bears a crushing loss. This meaning comes from Calabresi (1961) in The Yale Law Journal.[1]

Unit
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Nearby constructs

accident3 fields · 4 citationsjingle · one word, three constructs loss2 fields · 3 citationsjingle · one word, two constructs tort1 fields · 1 citationsanchor · one construct, one field

References

Calabresi, G. (1961). Some Thoughts on Risk Distribution and the Law of Torts. The Yale Law Journal, 70(4), 499. https://doi.org/10.2307/794261

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