Compensatory Damages - Law Dictionary Search Results
compensatory damages
Matched in: Term compensatory damages
damage
to compensate the injured party for losses sustained as a direct result of the injury suffered called also compensatory damages consequential damages : special damages in this entry direct damages : damages for a loss that is an … the civil law of Louisiana : damages recoverable for loss resulting from an obligor's delay in performing NOTE: Compensatory damages are recoverable in a case of failure to perform. nominal damages : damages awarded in a small amount
Damages
Matched in: Term Damages
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Damage
of variants steaming out of a core concept is seen in such words as actual damages, civil damages, compensatory damages, consequential damages, contingent damages, continuing damages, double damages, excessive damages, exemplary damages, general damages, irreparable damages, pecuniary damages,
penalty
paid by a party who fails to fulfill an obligation to another and that is punitive rather than compensatory [the court declined to enforce the contractual and determined actual damages instead]
Compensatory
Matched in: Term Compensatory
Penalty
Means recovery of an amount as a penal measure in civil proceedings, or an exaction which is not compensatory in character, Jagjit Cotton Textile Mills v. Chief Commercial Superintendent, N.R., (1998) 5 SCC 126. 1. A sum … A sum agreed to be paid on breach of an agreement or any stipulation of it. See LIQUIDATED DAMAGES, and NOMINE PEN'. The fact that the parties state expressly in their contract that the sum named is
Interest
if they be interested in any contract which is the subject for consideration. See BIAS. (5) Interest is compensatory in character and is imposed on an assesses who has withheld payment of any tax as and when … s. 3(1): 'In any proceedings tried in any court of record for the recovery of any debt or damages, the court may, if it thinks fit, order that there shall be included in the sum for which
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