compensatory damages

Definition

Amount of money a wrongdoer is required to pay to a victim (or the victim's beneficiary) as a compensation for the damage or injury caused by his or her actions or inactions. Such damages vary with the kind of damage or injury sustained by the victim.


compensatory damages is...

Nearby Terms

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z