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An ex gratia payment is presented to an individual by an organization, government, or insurer for damages or claims. Still, it does not need the admittance of liability by the party initiating the payment.
Jun 14, 2024 · In Latin, “ex gratia” means “by favor.” Key Takeaways. An ex gratia payment is made to an individual by an organization, government, or insurer for damages or claims, but it does not require...
EX GRATIA definition: 1. An ex gratia payment is not necessary, especially legally, but is made to show good intentions…. Learn more.
Ex gratia (/ ˌ ɛ k s ˈ ɡ r eɪ ʃ (i) ə /; also spelled ex-gratia) is Latin for "by favour", and is most often used in a legal context. When something has been done ex gratia, it has been done voluntarily, out of kindness or grace. In law, an ex gratia payment is a payment made without the giver recognising any liability or legal obligation.
The meaning of EX GRATIA is as a favor : not compelled by legal right. How to use ex gratia in a sentence.
EX GRATIA meaning: 1. An ex gratia payment is not necessary, especially legally, but is made to show good intentions…. Learn more.
Ex gratia definition: as a favor rather than as a matter of right. See examples of EX GRATIA used in a sentence.
