Financial Gain
/ˌfaɪˈnænʃəl ɡeɪn/
Definitions
- (n.) An increase in value or wealth recognized by an individual or entity, often relevant in legal contexts such as taxation, contracts, or damages.
The court awarded damages based on the defendant's financial gain from the breach.
Forms
- financial gains
Related terms
See also
Commentary
In legal contexts, financial gain often serves as a basis for claims or penalties and is distinct from mere profit by its formal recognition and quantification.
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.