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compensatory damages

   Also found in: Medical, Legal, Encyclopedia, Wikipedia, Hutchinson 0.07 sec.
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Noun1.compensatory damages - (law) compensation for losses that can readily be proven to have occurred and for which the injured party has the right to be compensated
actual damages, general damages
law, jurisprudence - the collection of rules imposed by authority; "civilization presupposes respect for the law"; "the great problem for jurisprudence to allow freedom while enforcing order"
amends, damages, indemnification, redress, restitution, indemnity - a sum of money paid in compensation for loss or injury
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Compensatory damages are those which are most directly related to a contractor's failure to complete a project.
Damage control, or how to sue your contractor by Richards, Andrew L. / Real Estate Weekly
4 million in compensatory damages and another $65 million in punitive charges.
HEALTH NET WILL FIGHT JUDGMENTS JURY FINES MANAGED CARE FIRM $117 ... by Daily News (Los Angeles, CA)
paid in settlement of the taxpayer's actual or potential liability for a fine or penalty (civil or criminal)"; it also states that compensatory damages do not constitute a fine or similar penalty.
Settlement agreement determines fine's or penalty's deductibility by Hahn, Kristin / The Tax Adviser
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