Damages definition: Copy, customize, and use instantly
Introduction
The term "Damages" refers to the financial compensation awarded to a party for harm, loss, or injury resulting from a breach of contract, tort, or other wrongful act. It is essential for ensuring that the injured party is made whole or compensated for the detriment suffered due to another party's actions.
Below are various examples of how "Damages" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Damages" as compensatory payment
This definition ties "Damages" to its role in compensating for actual losses incurred due to a breach or wrongful act.
"Damages" means a financial award intended to compensate the injured party for actual losses or injury incurred due to the breach or wrongful conduct of another party.
Definition of "Damages" as punitive damages
This definition connects "Damages" to punitive awards meant to punish the wrongdoer and deter future misconduct.
"Damages" refers to a sum of money awarded to the injured party in order to punish the wrongdoer and discourage similar actions in the future.
Definition of "Damages" as consequential damages
This definition links "Damages" to indirect or consequential losses that occur as a result of a breach of contract.
"Damages" means consequential losses that arise indirectly due to a breach of contract, such as lost profits or other financial impacts that are a foreseeable result of the breach.
Definition of "Damages" as liquidated damages
This definition applies "Damages" to a pre-determined amount agreed upon in a contract to be paid in case of a specific breach.
"Damages" refers to an agreed-upon sum stipulated in a contract to be paid in case of a breach, reflecting the anticipated or estimated loss caused by the breach.
Definition of "Damages" as special damages
This definition ties "Damages" to compensation for specific, quantifiable losses that can be directly attributed to the wrongful act.
"Damages" means compensation for special losses, including any specific and quantifiable harm suffered by the injured party as a result of the breach or wrongful conduct.
Definition of "Damages" as nominal damages
This definition connects "Damages" to a small monetary award granted when a legal wrong has occurred but no substantial loss was proven.
"Damages" refers to a small sum awarded in cases where the injured party has not suffered significant loss, but a legal wrong has still occurred.
Definition of "Damages" as actual damages
This definition links "Damages" to the actual monetary amount necessary to restore the injured party to their original position before the harm occurred.
"Damages" means the actual amount of compensation necessary to restore the injured party to the position they would have been in had the wrongful act or breach not occurred.
Definition of "Damages" as statutory damages
This definition ties "Damages" to amounts set by law that must be paid by the defendant in cases involving specific legal violations.
"Damages" refers to amounts set by statute or law, which must be awarded to the injured party in cases involving certain types of legal violations.
Definition of "Damages" as exemplary damages
This definition links "Damages" to awards intended to make an example of the wrongdoer and serve as a deterrent to others.
"Damages" means exemplary or punitive awards intended to deter future wrongful conduct and provide a message of disapproval for the defendant’s actions.
Definition of "Damages" as the remedy for breach of contract
This definition connects "Damages" to the primary remedy in contract law for compensating the non-breaching party.
"Damages" refers to the remedy in contract law that involves compensating the non-breaching party for losses suffered due to the breach by the other party.
Definition of "Damages" as treble damages
This definition connects "Damages" to a statutory provision where the damages awarded are three times the actual loss.
"Damages" means the amount of financial compensation awarded to the injured party, which is typically three times the actual amount of harm or loss under certain legal statutes.
Definition of "Damages" as a cap on damages
This definition applies "Damages" to a situation where the amount of damages awarded is limited by a cap set by the contract or law.
"Damages" refers to the maximum amount of financial compensation that may be awarded, as specified in the contract or legal framework, regardless of the actual loss.
Definition of "Damages" as restitutionary damages
This definition ties "Damages" to compensation for restoring the defendant’s unjust enrichment gained from the wrongful act.
"Damages" means compensation intended to restore the injured party for the defendant’s unjust enrichment at the expense of the injured party.
Definition of "Damages" as contractually agreed damages
This definition connects "Damages" to a sum specifically agreed upon in a contract for compensation in case of breach.
"Damages" refers to a predetermined amount of compensation that the parties agree upon in the contract, to be paid in case of a breach or failure to perform.
Definition of "Damages" as damages for delay
This definition applies "Damages" to compensation for delays caused by a breach of contract, such as for construction projects.
"Damages" refers to compensation awarded for the delay caused by a breach of contract, particularly in projects where timely performance is crucial.
Definition of "Damages" as loss of opportunity damages
This definition connects "Damages" to compensation for the loss of an opportunity due to a breach or wrongful act.
"Damages" means compensation for the lost opportunity or potential benefit that the injured party could have realized if the breach had not occurred.
Definition of "Damages" as damage to reputation
This definition ties "Damages" to compensation for harm caused to an individual’s or company’s reputation.
"Damages" refers to compensation for harm done to the reputation of a person or entity, often involving loss of business or standing within the community.
Definition of "Damages" as expectation damages
This definition links "Damages" to the compensation aimed at placing the injured party in the position they would have been in had the contract been fully performed.
"Damages" means compensation designed to place the injured party in the position they would have been had the contract been performed as agreed, accounting for expected profits or benefits.
Definition of "Damages" as general damages
This definition connects "Damages" to compensation for non-specific or intangible losses, such as pain and suffering.
"Damages" refers to compensation for non-economic losses, such as emotional distress, pain, and suffering, resulting from a wrongful act or breach.
Definition of "Damages" as restitutionary relief
This definition ties "Damages" to relief aimed at restoring the injured party to their original position, preventing the wrongdoer’s unjust enrichment.
"Damages" means the financial compensation awarded to the injured party to restore them to the position they would have been in, preventing the wrongdoer from benefiting unjustly from the breach.
Definition of "Damages" as a remedy for personal injury
This definition connects "Damages" to compensation for physical harm or injury caused by the actions of another.
"Damages" refers to the financial compensation awarded to an individual for physical harm, medical expenses, and other associated costs resulting from an accident or wrongful act.
Definition of "Damages" as exemplary relief
This definition links "Damages" to compensation that not only covers losses but also punishes and deters future misconduct.
"Damages" means exemplary or punitive relief intended to punish the defendant for their wrongful actions and discourage similar behavior in the future.
Definition of "Damages" as consequential loss damages
This definition applies "Damages" to indirect losses resulting from the breach, such as loss of business opportunities.
"Damages" refers to compensation for consequential losses, such as lost business or profits that arise indirectly from a breach of contract.
Definition of "Damages" as pre-agreed liquidated damages
This definition ties "Damages" to a specific sum that has been agreed upon by the parties as compensation in case of a contract breach.
"Damages" means a predetermined amount specified in the contract to be paid by the party in breach as compensation for the non-performance or breach of the agreement.
Definition of "Damages" as damages for breach of fiduciary duty
This definition connects "Damages" to compensation for harm caused by a breach of trust or fiduciary responsibility.
"Damages" refers to financial compensation awarded to the injured party for the loss incurred due to a breach of fiduciary duty or trust.
Definition of "Damages" as damages for trespass
This definition links "Damages" to compensation for harm caused by illegal entry or invasion of one’s property.
"Damages" means compensation awarded for harm caused by trespass to land or property, including physical damage or loss of use.
Definition of "Damages" as future loss damages
This definition connects "Damages" to compensation for losses that are expected to occur in the future due to a breach or wrong.
"Damages" refers to compensation for losses that are expected to arise in the future as a result of the breach or wrongful act.
Definition of "Damages" as breach of warranty damages
This definition ties "Damages" to compensation for the failure of a product or service to meet the warranted conditions.
"Damages" means compensation awarded to the injured party when goods or services fail to meet the terms of a warranty, resulting in financial loss.
Definition of "Damages" as damages for defamation
This definition connects "Damages" to compensation for harm caused to a person’s reputation due to defamatory statements.
"Damages" refers to the compensation awarded to an individual whose reputation has been harmed by false and defamatory statements made by another.
Definition of "Damages" as damages for emotional distress
This definition links "Damages" to compensation for psychological harm or emotional distress caused by the actions of another party.
"Damages" means compensation awarded for emotional distress, mental anguish, or psychological harm caused by the wrongful act or breach of duty.
Definition of "Damages" as damages for wrongful termination
This definition connects "Damages" to compensation for losses incurred due to an unlawful or unjustified dismissal from employment.
"Damages" refers to the compensation an employee may receive for wrongful termination, covering lost wages, benefits, and emotional distress.
Definition of "Damages" as a set amount for breach
This definition applies "Damages" to a fixed sum specified in the contract to cover any breach of its terms.
"Damages" means a fixed, agreed-upon amount to be paid by the breaching party for failing to comply with the contract’s terms.
Definition of "Damages" as damages for property damage
This definition links "Damages" to compensation for damage or destruction of physical property.
"Damages" refers to compensation for harm or destruction caused to physical property, such as real estate or goods.
Definition of "Damages" as damages for lost income
This definition ties "Damages" to compensation for lost income or earnings caused by a wrongful act or breach.
"Damages" means compensation awarded to an individual for the income or earnings lost as a result of a breach of contract or wrongful act.
Definition of "Damages" as a statutory entitlement
This definition connects "Damages" to compensation awarded under a specific statute or law in cases of legal violations.
"Damages" refers to compensation that is statutorily mandated to be awarded in the event of specific legal violations or breaches.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.