measure of damages

measure of damages definition - legal

n

A formula for determining monetary damages, which  varies among types of actions; for example, measure of damages in a contract case is generally the contract price less reduction for any incomplete performance by the selling party, while measure of damages in a tort action is that which fairly compensates a plaintiff for her expenses sustained as a result of the tortious act, plus compensation for any pain and suffering.

Webster's New World Law Dictionary Copyright © 2006 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.

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