damages
damages
Synonyms
damages
Law Definition
n
pl
Financial compensation
demanded by, or directed by a court to be paid to, a claimant as compensation
for a financial loss or injury to person or property.
actual
or compensatory
damages. Damages intended to compensate for a quantifiable loss.
consequential damages
Damages resulting indirectly from the act complained of.
incidental damages
Under the Uniform Commercial Code, expenses reasonably incurred
by either party to a transaction in caring for goods after the other partys
breach of the contract.
liquidated damages
A contractually agreed upon amount to be paid in the
event of a breach of the contract, in lieu of performance or quantification of
actual damages sustained.
nominal damages
A small or insignificant amount of money awarded by a court or
jury to demonstrate that a defendant is at fault, but that the injury sustained
was minor or non-existent.
punitive damages
Damages awarded by a court or jury, typically in addition to actual damages, when
the party against whom the award is made is deemed to have behaved egregiously;
for example, with particular recklessness or malice.
speculative damages
Damages claimed for possible future harm. These are considered
uncertain or impossible to prove and generally are not awarded.
treble damages
A tripling of the actual damages, generally awarded pursuant to
a law or statute; intended to deter bad conduct.
Browse dictionary entries near damages
- daman
- Daman and Diu
- Damanhûr
- damar
- Damascene
- Damascus
- Damascus steel
- damask
- damask rose
- damask steel
