Wear and tear is a synonym for physical deterioration.

A term used to indicate the normal damage inflicted on a property through every-day use.

Definition The gradual deterioration of an asset which results naturally from use and/or age.

The deterioration or loss in value caused by the tenant’s normal and reasonable use. In many leases the tenant is not responsible for “normal wear and tear.” See also “Normal Wear and Tear”

A term used to indicate the normal damage inflicted on a property through every-day use.

Some parts—wiper blades, batteries, clutch plates and tires, just to name a few—wear out in the normal, everyday use of a car and are not covered by a vehicle service contract. Replacing them is just [..]

 

Policies exclude this sort of damage. It is not accidental but inevitable with most goods

This is the amount deducted from claims payments to allow for any depreciation in the property insured which is caused by its usage.

An amount deducted from a claim for damage to an insured item because of depreciation in the items value due to usage.

The amount deducted from a claims payment in recognition of the depreciation of the property insured through usage of it over time. Where cover is provided on a “new for old basis” i.e. where the insu [..]

This is the amount deducted from claims payments to allow for any depreciation of the property insured through usage of it over time.

Policies exclude this sort of damage. It is not accidental but inevitable with most goods.

An amount deducted from a claim for damage to an insured item because of depreciation in the items value due to usage

damage or depreciation resulting from ordinary use (normally as something excluded from a guarantee or warranty of quality, or as justifying a write-down in a set of accounts)

Wear and tear is damage that naturally and inevitably occurs as a result of normal wear or aging. It is used in a legal context for such areas as warranty contracts from manufacturers, which usually s [..]