Damages Calculation
/ˈdæmɪdʒɪz ˌkælkjʊˈleɪʃən/
Definitions
- (n.) The process of determining the monetary compensation owed for loss or injury in a legal dispute.
The judge ordered a damages calculation before awarding compensation to the plaintiff.
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Commentary
Precise damages calculation is critical for ensuring fair remedy; formulaic approaches vary by jurisdiction and type of harm.
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.