General Damages

Business, Legal & Accounting Glossary

Definition: General Damages




What is the dictionary definition of General Damages?

Dictionary Definition


n. monetary recovery (money won) in a lawsuit for injuries suffered (such as pain, suffering, inability to perform certain functions) or breach of contract for which there is no exact dollar value which can be calculated. They are distinguished from special damages, which are for specific costs, and from punitive (exemplary) damages for punishment and to set an example when malice, intent or gross negligence was a factor.


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General Damages. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 26, 2021 https://payrollheaven.com/define/general-damages/.
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General Damages. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/general-damages/ (accessed: September 26, 2021).
American Psychological Association (APA):
General Damages. PayrollHeaven.com. Retrieved September 26, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/general-damages/

Definition Sources


Definitions for General 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: 28th April, 2020 | 0 Views.