Compensatory damages differ from punitive damages, which may compensate over and above any loss or damage incurred and are meant to provide an incentive against repeating the act that caused the plaintiff's loss or damages.
Cases related to compensatory and punitive damages are a major source of debate in the field of health insurance, as proponents of tort reform claim that excessive damages above the actual loss incurred increase the overall cost of healthcare.
Investment dictionary. Academic. 2012.
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compensatory damages — n: actual damages at damage 2 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
compensatory damages — ➔ damage1 * * * compensatory damages UK US noun [plural] (also actual damages) ► LAW the amount of money that a court orders to be paid to someone in return for something that has been lost or damaged: »The plaintiff is seeking $20 million in… … Financial and business terms
compensatory damages — noun (law) compensation for losses that can readily be proven to have occurred and for which the injured party has the right to be compensated • Syn: ↑actual damages, ↑general damages • Topics: ↑law, ↑jurisprudence • Hypernyms: ↑ … Useful english dictionary
compensatory damages — The damages recoverable in satisfaction of, or in recompense for, loss or injury sustained, including all damages except nominal damages, punitive or exemplary damages. 22 Am J2d Damg § 11. Damages awarded not only as a recompense for actual… … Ballentine's law dictionary
compensatory damages — Law. damages, measured by the harm suffered, awarded to the injured person as due compensation. Cf. punitive damages. * * * … Universalium
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
compensatory — I adjective atoning, balancing, compensating, compensative, equivalent, expiating, expiatory, in compensation, indemnificatory, paying, propitiating, recompensive, redemptive, refunding, reimbursing, remitting, remunerative, reparative, repaying … Law dictionary
damages, actual — n. Damages for actual losses and injuries sustained; also called compensatory damages or general damages. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 … Law dictionary
damages — compensatory damages присуждение к возмещению суммы убытков, которая носит компенсационный характер, т.е. включает в себя понесенный реальный ущерб, а также доказанный размер упущенной выгоды. Является антитезой штрафным убыткам (punitive damages … Glossary of international commercial arbitration
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