Expectation Damages
/ˌɛkspɛkˈteɪʃən ˈdæmɪdʒɪz/
Definitions
- (n.) Monetary compensation awarded to a plaintiff to cover what they expected to receive from a contract or transaction had it been properly performed.
The court awarded expectation damages to the buyer for the seller's breach of contract.
Forms
- expectation damages
Related terms
See also
Commentary
Expectation damages aim to place the injured party in the position they would have been in had the contract been fulfilled as promised; careful drafting can clarify calculation methods to avoid disputes.
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.