| |||
liquidated damages | |||
liquidated damages (Liquidated damagesare a sum fixed in advance by the parties as the amount to be paid in the event of a breach. They are recoverable provided the sum fixed was a fair estimate of the likely consequences of a breach, but not if they were imposed as a penalty. LE2 Alexander Demidov); liquidity damages (см. liquidated damages Bauirjan) | |||
LDs (MichaelBurov) | |||
stipulated damages | |||
liquidated damage | |||
liquidated damages | |||
| |||
liquidated damages (A fixed or determined sum agreed by the parties to a contract to be payable on breach by one of the parties. If a liquidated damages payment constitutes a penalty it will be void. The term also describes sums expressly payable as liquidated damages under statute. In all other cases where the court quantifies or assesses damages or loss, whether pecuniary or non-pecuniary, the damages are known as unliquidated damages. PLG Alexander Demidov) |
заранее оценённый убыток: 17 phrases in 8 subjects |
Alternative dispute resolution | 1 |
Business | 2 |
Construction | 1 |
Diplomacy | 2 |
Economy | 4 |
Finances | 1 |
General | 2 |
Law | 4 |