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Chenoweth's essay is the only one in the book that captures the severity of loss.
Analysts attempt to predict the probability that a borrower will default on its debts, and also the severity of losses in the event of default.
Wastage was a British term used during World War I. It was used to describe the severity of losses experienced during the war.
Allstate, a unit of Sears, Roebuck & Company, said in its announcement yesterday that it had correctly estimated that it would receive about 159,000 claims, but that it underestimated the severity of losses to homes and interiors.
The severity of loss and damage that OA 178 sustained was such that all subsequent OA convoys were re-routed, from Methil in Fife around the north of Scotland to avoid the English Channel.
One of the Official British Historians strongly praised the independent initiative shown by small sub-units of men in clearing the enemy from positions in the village, but at the same time attributed much of the severity of losses to Australian inexperience and their "reckless daring."
