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Jun 30, 2021 · Damage is generally understood as any harm or loss caused either to a person or to his property because of any wrongful act or omission of a person. In terms of law, damages are the compensation in monetary terms for the loss or injury that occurred either in person or property.
hed from the measure of damages. The former deals with the amount of damages while the latter involv. s considerations of law as well. With respect to assessment and calculation of damages, the determination of loss or damage resulting from such damage, especially in the context of unliquidated dam.
phrase [ plural ] Add to word list. Add to word list. money that is paid to someone by a person or organization who has been responsible for causing them some injury or loss: be awarded something in damages The politician was awarded £50,000 in damages over false allegations made by the newspaper.
Dec 8, 2020 · Meaning of Damages. The term ‘’ Damages ’’ is not defined in Indian Contract Act, 1872. The literal meaning of the term ‘’Damages’’ means payment of money as compensation for loss or injury caused to one person by the wrongful act of another person.
Jun 3, 2019 · When used in the exemption clause in a contract, consequential damages refer to damages that can only be recovered under the second head in Hadley v Baxendale, i.e. the second branch of the section, and may also include recovery of profit and losses under the first branch.
Suit for Damages. A contract is a legal promise to perform certain obligations. When a party breaks a promise, then the other parties to the contract might suffer losses due to non-performance of the obligation. The Indian Contract Act, 1872, has laid down some specific rules for filing a suit for damages in such cases.
See all examples of damage. These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
Damages, in law, money compensation for loss or injury caused by the wrongful act of another. Recovery of damages is the objective of most civil litigation. Originally redress of wrongs was direct—an eye for an eye, a tooth for a tooth.
Verb. Flooding could damage or destroy up to 2,000 homes and 400 businesses in Flagstaff. Hayleigh Evans, The Arizona Republic, 14 June 2024 While the car was severely damaged, no one was hurt, according to documents Waymo filed with the National Highway Traffic Safety Administration.
Jul 22, 2015 · The legal term “damages” refers to a sum of money that may be awarded by a court of law to an individual or entity as compensation for property damage, a physical injury, or other loss caused by another person’s actions. Damages that a court may award are divided into two basic types, “compensatory,” and “punitive.”.
