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LAW DICTIONARY

 expectation damages

Dictionary: expectation damages

Noun

  1. Damages recoverable for breach of contract and designed to put the injured party in the position he or she would have been in, had the contract been completed.

Related terms


Wiktionary: expectation damages

Further reading

Expectation damages are damages recoverable from a breach of contract. Expectation damages are composed of incidental damages and consequential damages.

The purpose of expectation damages is to put the non-breaching plaintiff in the position he would have occupied had the contract been fulfilled. Expectation damages is to be contrasted with reliance damages and restitution damages, which are limited to, or by, incidental damages.

This entry is from Wiktionary - Dictionary and thesaurus. Licensed under the Creative Commons Attribution/Share-Alike License.




 

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