Monetary damages

Monetary damages

Monetary damages, in civil law, refers to compensation given to an injured party by a liable party. Monetary damages may be restitution, a penalty, or both.


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  • monetary — mon‧e‧ta‧ry [ˈmʌntri ǁ ˈmɑːnteri] adjective ECONOMICS relating to or involving money, especially the money supply (= the amount of money in the economy): • The bond market rallied (= prices rose ) as the Federal Reserve eased monetary… …   Financial and business terms

  • Damages (disambiguation) — Damages is the money paid or awarded to a claimant in a civil action. Damages may also refer to: Damages (Jewish law), a range of jurisprudential topics that roughly correspond in secular law to torts Damages (TV series), a legal drama Nezikin or …   Wikipedia

  • monetary — I adjective capital, financial, fiscal, minted, numismatical, nummulary, pecuniary, stamped associated concepts: monetary damages, monetary relief II index commercial, financial, fiscal …   Law dictionary

  • damages — I noun amends, compensation, costs, expenses, expiation, fine, indemnification, indemnity, injury, just compensation, legal costs, legal liability, loss, penalty, recompense, recovery, reimbursement, remuneration for injury suffered, reparation,… …   Law dictionary

  • Damages, Assessment of — Damages are not assessed in an arbitrary fashion but are subject to various judicial guidelines. The general principle is that the claimant is entitled to full compensation for his or her losses. The purpose of damages in tort is to put the… …   Big dictionary of business and management

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  • damages — ➡ legal system * * * In law, the money awarded to a party in a civil suit as reparation for the loss or injury for which another is liable. The theory of an award of damages in a personal injury or other tort case is that injured parties should… …   Universalium

  • DAMAGES — Assessment In Jewish law, once the tortfeasor s liability for the damage has been established and he is ordered to compensate for the loss, the measure of damages requires determination. This is done by assessing the market price of the damaged… …   Encyclopedia of Judaism

  • damages — A pecuniary compensation or indemnity, which may be recovered in the courts by any person who has suffered loss, detriment, or injury, whether to his person, property, or rights, through the unlawful act or omission or negligence of another. A… …   Black's law dictionary

  • damages — A pecuniary compensation or indemnity, which may be recovered in the courts by any person who has suffered loss, detriment, or injury, whether to his person, property, or rights, through the unlawful act or omission or negligence of another. A… …   Black's law dictionary

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