either: (a) the reasonable value to the other party of what he received in terms of what it would have cost him to obtain it from a person in the claimant’s position, or (b) the extent to which the other party’s ...
which is damage that requires to be proved where it is essential to the tort, as in negligence actions. There is a secondary sense of using these two terms. Special damages can mean ‘specific easily identified and specified losses’, and general damages, ‘an unquantified sum in respect of...
Damages attempt to measure in financial terms the extent of harm a plaintiff has suffered because of a defendant's actions. Damages are distinguishable from costs, which are the expenses incurred as a result of bringing a lawsuit and which the court may order the losing party to pay. Damages...
Special Damageshas the meaning set forth in Section 12. Loss or Damagemeans any loss or damage to the Vehicle, including that caused by theft of the Vehicle or by adverse weather events, that requires repair or replacement including the loss of use of the Vehicle (demurrage), legal expenses...
Legal Financial Idioms Encyclopedia Wikipedia Related to damages:Consequential damages dam·age (dăm′ĭj) n. 1.Destruction or a loss in value, usefulness, or ability resulting from an action or event. 2.damagesLawMoney required to be paid as compensation for an injury or wrong. ...
The meaning of DAMAGE is loss or harm resulting from injury to person, property, or reputation. How to use damage in a sentence. Synonym Discussion of Damage.
Legal Terms Similar to Mitigation Of Damages Contributory Negligence: A legal principle that limits a plaintiff's ability to recover damages if their own negligence contributed to their injury. Comparative Negligence: A legal principle that reduces a plaintiff's damages award in proportion to their de...
The meaning of SUBSTANTIAL DAMAGES is damages which bring about actual economic loss or for which compensation in a substantial amount is awarded as distinguished from nominal damages awarded only to vindicate a legal right.
From Project GutenbergWord of the DayApril 17, 2024axolotl [ak-suh-lot-l ]Meaning and examples Start each day with the Word of the Day in your inbox! Sign Up By clicking "Sign Up", you are accepting Dictionary.com Terms & Conditions and Privacy Policies.Advertisement...
What Are the Types of Damages in the Legal Context? There are three general types ofcompensatory damagesthat the plaintiff can seek and which may be awarded by a court: Economic damagesto recover money or other financial losses Non-economic damagesto make a party whole for non-monetary losses...