compensatory damages

compensatory damages

Damages intended to compensate the injured party for the harm suffered.Contrast with punitive damages to punish the wrongdoer,and nominal damages awarded to recognize that a right was violated or a duty breached,but no harm done.
The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
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