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TeachMeFinance.com - explain Damages
Damages -- 1. A loss or harm to a person or their property.
2. The pecuniary compensation or indemnity which may be recovered by any person who has suffered loss, detriment or injury to his person, property or rights through the unlawful act, omission, or negligence of another.
historic definition...
Damages -- In law money recoverable as amends for a
wrong or harm inflicted ; injury such as can be estimated in
money.
About the author
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Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".
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Copyright © 2005 by Mark McCracken, All Rights Reserved.
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