reliance interest

reliance interest
reliance interest see interest 1

Merriam-Webster’s Dictionary of Law. . 1996.

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  • reliance interest — reliance of a particular legal situation …   English contemporary dictionary

  • reliance interest — A term of art in the law of damages for breach of contract. Expenditures made, or property transferred or consumed, by the party not in default in reliance on the contract. Anno: 17 ALR2d 1300 …   Ballentine's law dictionary

  • Reliance damages (law) — Reliance damages is the measure of compensation given to a person who suffered an economic harm for acting in reliance on a party who failed to fulfill their obligation.copeReliance damages are valued by a party s reliance interest for the… …   Wikipedia

  • interest — in·ter·est / in trəst; in tə rəst, ˌrest/ n [probably alteration of earlier interesse, from Anglo French, from Medieval Latin, from Latin, to be between, make a difference, concern, from inter between, among + esse to be] 1: a right, title, claim …   Law dictionary

  • reliance — re·li·ance /ri lī əns/ n 1: the act of relying reliance on a promise 2: reliance interest at interest 1 Merriam Webster’s Dictionary …   Law dictionary

  • Reliance Power — Infobox Company company name = Reliance Power Limited company company type = Public company foundation = 2007 location = Navi Mumbai, India key people = Anil Ambani, Founder and Chairman industry = Electricity generation revenue = num employees …   Wikipedia

  • contract — contractee, n. contractible, adj. contractibility, contractibleness, n. contractibly, adv. n., adj., and usu. for v. 16 18, 22, 23 /kon trakt/; otherwise v. /keuhn trakt /, n. 1. an agreement between two or more parties for the doing or not doing …   Universalium

  • Measure of Damages (under English law) — Damages for breach of contract is a common law remedy, available as of right. It is designed to compensate the victim for their actual loss as a result of the wrongdoer’s breach rather than to punish the wrongdoer. If no loss has been occasioned… …   Wikipedia

  • Measure of damages under English law — Damages for breach of contract is a common law remedy, available as of right. It is designed to compensate the victim for their actual loss as a result of the wrongdoer’s breach rather than to punish the wrongdoer. If no loss has been occasioned… …   Wikipedia

  • Regulatory taking — refers to a situation in which a government regulates a property to such a degree that the regulation effectively amounts to an exercise of the government s eminent domain power without actually divesting the property s owner of title to the… …   Wikipedia

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