economic loss

(4) Economic loss The term “economic loss” means, with respect to a covered entity— (A) the amount by which the gross receipts of the covered entity declined during an 8-week period between March 2, 2020 , and December 31, 2021 , relative to a comparable 8-week period immediately preceding March 2, 2020 , or during 2019; or (B) if the covered entity is a seasonal business concern, such other amount determined appropriate by the Administrator.

Source

15 USC § 9009b(a)(4)


Scoping language

In this section
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