liquidated damages — see damage 2 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. liquidated damages … Law dictionary
damages — A pecuniary compensation or indemnity, which may be recovered in the courts by any person who has suffered loss, detriment, or injury, whether to his person, property, or rights, through the unlawful act or omission or negligence of another. A… … Black's law dictionary
damages — A pecuniary compensation or indemnity, which may be recovered in the courts by any person who has suffered loss, detriment, or injury, whether to his person, property, or rights, through the unlawful act or omission or negligence of another. A… … Black's law dictionary
Damages — This article is about the law term. For the television series, see Damages (TV series). For other uses, see Damages (disambiguation) … Wikipedia
liquidated damages — The amount payable for delays and sub standard performance under a construction, equipment supply, or Operations & Maintenance contract. Bloomberg Financial Dictionary * * * liquidated damages liquidated damages ➔ damage1 * * * liquidated damages … Financial and business terms
liquidated — Ascertained; determined; fixed; settled; made clear or manifest. Cleared away; paid; discharged. Adjusted, certain, or settled. Murchison v. Levy Plumbing Co., Tex.Civ.App., 73 S.W.2d 967, 968. Declared by the parties as to amount, U. S. v.… … Black's law dictionary
liquidated — Ascertained; determined; fixed; settled; made clear or manifest. Cleared away; paid; discharged. Adjusted, certain, or settled. Murchison v. Levy Plumbing Co., Tex.Civ.App., 73 S.W.2d 967, 968. Declared by the parties as to amount, U. S. v.… … Black's law dictionary
Liquidated damages — (also referred to as liquidated and ascertained damages) are damages whose amount the parties designate during the formation of a contract for the injured party to collect as compensation upon a specific breach (e.g., late performance).When… … Wikipedia
damages — I noun amends, compensation, costs, expenses, expiation, fine, indemnification, indemnity, injury, just compensation, legal costs, legal liability, loss, penalty, recompense, recovery, reimbursement, remuneration for injury suffered, reparation,… … Law dictionary
Damages, Assessment of — Damages are not assessed in an arbitrary fashion but are subject to various judicial guidelines. The general principle is that the claimant is entitled to full compensation for his or her losses. The purpose of damages in tort is to put the… … Big dictionary of business and management