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treble damages

   Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia 0.01 sec.
treble damages

A court award of damages in an amount three times greater than some proven value such as actual damages. It is intended as a punishment to a wrongdoer. Most government regulations that grant to the public the right to sue if there is a violation also grant the right to receive treble damages.



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26, HUD issued Mortgagee Letter 2008-07, warning lenders that they may be assessed treble damages whenever they are found to have failed to engage in loss-mitigation efforts as defined by HUD regulations.
Since the Washington Supreme Court observed no distinction between treble damages and exemplary damages in 1981, it is difficult to distinguish IFCA's penalties from punitive damages.
Jackson's claim for treble damages under the state's consumer protection law.
 
 
 
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