Liquidated Damages

A predetermined amount of damages agreed upon by parties in a contract, to be paid in the event of a breach of the contract, intended to compensate the non-breaching party for losses that are difficult to quantify.

IRI: http://lmss.sali.org/RBA52cjyeFhnjSJD6qnT1DM
Branch: Objectives

Also known as

Cláusula penal, Daños y perjuicios liquidados, Daños y perjuicios liquidados, Dommages et intérêts liquidés, Liquidated Damages, Vertragsstrafen, פיצויים מקובלים, लिक्विडेटेड डैमेज़, 违约金, 違約金

Ancestry paths

Objectives Litigation Objectives Litigation Claims Elements of Claim Damages Monetary Damages Economic Damages
Objectives Litigation Objectives Litigation Remedies, Relief, and Penalties Civil Remedies / Relief Sought Monetary Damages Economic Damages

Generated from sali-legal/LMSS at 3f9ac0c9357b (2026-03-10). JSON