disaster area
disaster area. A region officially declared to have suffered a catastrophic emergency, such as a flood or hurricane, and therefore eligible for government aid. [Cases: United States 82(5). C.J.S. United States § 160.]
Search Results for: DISASTER AREA
disaster relief act
Disaster Relief Act. A federal statute that provides a means by which the federal government can help state and local governments to relieve suffering and damage resulting from disasters such as hurricanes, tornadoes, floods, earthquakes, volcanic eruptions, landslides, mudslides, drought, fire, and explosions. • A 1974 amendment established a process for the President to declare
disaster relief act Read More »
disaster loss
A casualty loss sustained in a geographic area that the President designates as a disaster area. • It may be treated as having occurred during the previous tax year so that a victim may receive immediate tax benefits.