Define: Actual Damages

Actual Damages
Actual Damages
What is the dictionary definition of Actual Damages?
Dictionary Definition of Actual Damages

Actual Damages:

Actual damages refer to the specific and quantifiable financial losses or harm suffered by an individual or entity as a direct result of another party’s wrongful actions or breach of contract. These damages are calculated based on the actual monetary value of the losses incurred, such as medical expenses, property damage, lost wages, or any other measurable economic harm. Actual damages aim to compensate the injured party for the exact amount they have suffered and restore them to the position they would have been in had the wrongful action or breach not occurred.

Full Definition Of Actual Damages

Actual damages refer to the specific amount of money that a plaintiff has suffered as a direct result of the defendant’s wrongful actions. In a legal context, actual damages are awarded to compensate the plaintiff for the harm or loss they have experienced. These damages are typically quantifiable and can include various types of economic losses, such as medical expenses, property damage, lost wages, and other out-of-pocket expenses. Actual damages are different from speculative or potential damages, which are not based on actual losses but rather on potential future harm. In a civil lawsuit, the plaintiff must provide evidence to prove the existence and amount of actual damages in order to be awarded compensation.

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This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 29th March 2024.

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