Multiplier
/ˈmʌltɪˌplaɪər/
Definitions
- (n.) A factor used to multiply a quantity in calculations determining damages, valuation, or liability.
The court applied a multiplier to the base damages to account for punitive elements.
- (n.) An element in economic or financial law contexts indicating the proportional increase in effect due to a change in spending or investment.
The fiscal multiplier effect is considered when assessing the impact of government stimulus.
Forms
- multipliers
Related terms
See also
Commentary
In legal drafting, clarify the context of 'multiplier' as it varies between damage calculation and economic analysis.
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.