mitigation of damages

  

Definition

Legal rule that although a plaintiff is entitled to recover damages from a defendant, he or she is also under a duty to avoid their escalation. A court may penalize a plaintiff who fails to take all reasonable care in halting or preventing avoidable damages. See also duty to mitigate.

Related Videos




http://www.businessdictionary.com/definition/mitigation-of-damages.html

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