"To claim the loss" means to officially request compensation or reimbursement for a financial loss that has occurred.
Sentences with «to claim the loss»
Insurance companies may also suspect insurance fraud when policyholders claim the loss of expensive items for which they have no documentation. (trustedchoice.com)
However, if you lose money on the sale of personal assets, you can't claim that loss on your taxes. (sapling.com)
As a general rule, you can't claim a loss on a stock investment until you sell the shares. (fairmark.com)