compensatory damages definition

compensatory damages

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 in the Corporate, Commercial, & General Law subject.

compensatory damages appears in the definitions of the following terms: treble damages and compensation

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