liquidated damages

liquidated damages

liquidated damages An amount contractually stipulated as a reasonable estimation of actual damages to be recovered by one party if the other party breaches. ? If the parties to a contract have properly agreed on liquidated damages, the sum fixed is the measure of damages for a breach, whether it exceeds or falls short of […]

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liquidated damages

liquidated damages Chinese: 违约金 French: dommages-intérêts fixés dans le contrat German: vertraglich vereinbarter Schadensersatz Italian: liquidazione convenzionale preventiva dei danni Spanish: estimación contractual de daños y perjuicios

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