Actual Damages (And Special Damages)

Business, Legal & Accounting Glossary

Definition: Actual Damages (And Special Damages)


Actual Damages (And Special Damages)


Full Definition of Actual Damages (And Special Damages)


Actual damages are legally determined costs for repairing something wrongfully harmed or destroyed. Special damages include indirect effects of the property destruction, such as lessened income to a business in a damaged building.


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Modern Language Association (MLA):
Actual Damages (And Special Damages). PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
May 18, 2024 https://payrollheaven.com/define/actual-damages-and-special-damages/.
Chicago Manual of Style (CMS):
Actual Damages (And Special Damages). PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/actual-damages-and-special-damages/ (accessed: May 18, 2024).
American Psychological Association (APA):
Actual Damages (And Special Damages). PayrollHeaven.com. Retrieved May 18, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/actual-damages-and-special-damages/

Definition Sources


Definitions for Actual Damages (And Special Damages) are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 19th November, 2021 | 0 Views.