noun
Meaning 1
A compensable loss in a property item's value after having been damaged and subsequently repaired or, in the case of a construction, having been constructed improperly or not according to contract.
Definition source: English Wiktionary via Wiktextract
Usage: uncountable
Topics: business, insurance, law
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: none provided