In law, damages are an award, typically of money, to be paid to a person as compensation for loss or injury;. The rules for damages can and frequently do vary based on the type of claim which is presented (e.g., breach of contract versus a tort claim).

Read more about DamagesCompensatory or Expectation Damages, Example, Quantification of Personal Injury Claims, Various Matters, Statutory Damages, Nominal Damages, Punitive Damages (non-compensatory), Contemptuous Damages, Aggravated Damages, Restitutionary or Disgorgement Damages, Legal Costs, History

Other articles related to "damages, damage":

Stan Smith (economist)
... credited with coining the term and creating the arguments that launched the hedonic damages theory into the mainstream of legal economics in the 1985 court case Sherrod v ... in court cases nationwide on all issues of economic damages, from commercial damages (antitrust, patent and business valuation, breach of contract, etc.) to personal injury damages, including cases where it ...
Solatium - Scots Law
... but not identical, to the English law concept of general damages Scots law damages are divided into pecuniary and non-pecuniary losses, rather than general and special damages ...
State Farm V. Campbell
... held that the due process clause usually limits punitive damage awards to less than ten times the size of the compensatory damages awarded ... between the actual or potential harm suffered by the plaintiff and the punitive damages award and the difference between the punitive damages awarded by the jury and the civil penalties authorized or imposed in ...
Suisse Atlantique Societe D'Armament SA V NV Rotterdamsche Kolen Centrale - Judgment
... Rather, as a matter of construction, the contract contemplated the possibility of delay and fixed damages ("demurrage") to compensate the owners for that delay ... ship owners were only entitled to claim the demurrage of $1000 per day, not their actual damages ... the contract limiting their liability for damages ...

Famous quotes containing the word damages:

    According to the law of nature it is only fair that no one should become richer through damages and injuries suffered by another.
    Marcus Tullius Cicero (106–43 B.C.)