Remediation Costs
/ˌriːməˈdiːʃən kɒsts/
Definitions
- (n.) Expenses incurred to restore, repair, or clean up property or environments contaminated or damaged by legal violations or liabilities.
The court ordered the defendant to pay remediation costs for the polluted site.
Forms
- remediation costs
- remediation cost
Related terms
See also
Commentary
Remediation costs often arise in contexts of environmental law and liability, requiring clear allocation in agreements 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.