Property Damage
/ˈprɑːpərti ˈdæmɪdʒ/
Definitions
- (n.) Harm or physical injury inflicted on real or personal property, reducing its value or usefulness.
The insurance policy covers property damage caused by fire.
Related terms
See also
Commentary
Commonly appears in insurance and tort contexts; precise definitions may vary by jurisdiction but central concept involves harm to tangible property.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.