property damage - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “property damage”

property damage

noun [U]
 
 
LAW, INSURANCE
damage to property, rather than injury to people: The storm caused $17 billion of property damage. The policy covers $10,000 for vehicular property damage and one injury or fatality to $25,000. →  Compare criminal damage , personal injury
(Definition of property damage from the Cambridge Business English Dictionary © Cambridge University Press)
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