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TeachMeFinance.com - explain Annualized loss of life Annualized loss of life The term 'Annualized loss of life' as it applies to the area of reclamation can be defined as ' The sum of the probability of dam failure multiplied by the annual probability of the loading and the estimated number of lives that would be lost (consequences) for each dam failure scenario under a particular loading category (i.e. (probability of failure)(probability of load)(potential loss of life))'. Previous 5 Terms: Annual load factor Annual operating cost Annual operating factor Annual requirement Annual work plan Next 5 Terms: annuity Annular Annular space anoa Anode About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.