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Constructive total loss

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Extracted from the Wikipedia article Marine insurance.

Constructive total loss

The term "constructive total loss", or CTL, was used by the United States Navy during and after World War II to describe naval vessels that were damaged to such an extent that they were beyond economical repair. This was most often applied to small-type ships (destroyer, patrol boats, landing ships, mine warfare vessels, etc.) in 1945, the last year of the war, many of which were damaged by kamikazes; postwar the term was also used for ships damaged in typhoons. By this time enough ships were available for the war that some could be disposed of if severely damaged.