Costs Assessment
/ˈkɒsts əˌsɛsmənt/
Definitions
- (n.) The judicial process of reviewing and determining the amount of legal costs payable by one party to another following litigation.
The court appointed an expert for the costs assessment to decide the final amount payable.
Forms
- costs assessment
Related terms
See also
Commentary
Costs assessment is a technical procedure usually governed by statute or court rules, ensuring fairness and accuracy in awarding legal costs after trial or settlement.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.