Damages: Difference between revisions
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A sum of money paid in compensation for loss or injury. Usually under the terms of a contract, or following a legal action. | A sum of money paid in compensation for loss or injury. | ||
Usually under the terms of a contract, or following a legal action. | |||
== See also == | == See also == | ||
* [[Breach of contract]] | |||
* [[Liquidated damages]] | * [[Liquidated damages]] | ||
* [[Penalty clause]] | |||
* [[Remedy]] | * [[Remedy]] | ||
* [[Unliquidated damages]] | |||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
[[Category:Financial_products_and_markets]] | |||
Latest revision as of 08:42, 7 July 2022
A sum of money paid in compensation for loss or injury.
Usually under the terms of a contract, or following a legal action.
