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Term of the Day
BusinessDictionary.com
restitution
Definition
Amount
paid by an offender on the
orders
of a
court
in (1) returning a thing to its
lawful
owner
, (2) restoring a damaged
property
to its
original
state, or (3) compensating the victim(s) of his or her wrong doing.
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Nearby Terms
responsible bidder
responsible carrier
responsive bidder
restatement
Restaurant Performance Index (RPI)
restitutio in integrum
restitution
restitution in kind
restitution payment
restocking fee
restoration
restoration of benefits
restoration of title
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Mentioned in these terms
restitution in kind
restitution payment
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