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quantum meruit
(redirected from In quantum meruit)

   Also found in: Legal, Financial, Wikipedia 0.01 sec.
quantum meruit Latin [ˈmɛruːɪt]
(Law) as much as he has earned: denoting a payment for goods or services in partial fulfilment of a contract or for those supplied when no price has been agreed


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1995) (in a contract case, the recovery may be either in quantum meruit or based on lost profits).
Quantum Meruit A claim in quantum meruit may either be * based on the intent of the parties; or * imposed by law (in the absence of proven intent).
The law requires that the broker recover for its services in quantum meruit in order to avoid unjust enrichment of the tenants at the broker's expense.
 
 
 
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