Compensatory Damages
Legal Definition and Related Resources of Compensatory Damages
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Meanings, Synonyms, Etymology, Translations and More
Meaning of Compensatory Damages
Awarded for purpose of making injured party whole; are measured by pecuniary injuries. See Mass. Bonding & Ins. Co. v U.S., 352 U.S. 128, 77 S.Ct. 186, 1 L.Ed.2d 189. Includes loss occurring to property , necessary expenses, insult, pain, mental suffering, injury to the reputation and the like. See Giant of Va. Inc. v Pigg, 152 S.E.2d 271, 207 Va. 679. Sometimes called actual damages.
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Compensatory Damages in Historical Law
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Concept of Compensatory Damages in the context of Real Property
A short definition of Compensatory Damages: Damages to cover a loss or injury and nothing more. See also: Exemplary Damages.
Concept of Compensatory Damages in the context of Real Property
A short definition of Compensatory Damages: Damages to cover a loss or injury and nothing more. See also: Exemplary Damages.