In law, damages are an award, typically of money, to be paid to a person as compensation for loss or injury;. The rules for damages can and frequently do vary based on the type of claim which is presented (e.g., breach of contract versus a tort claim).

Read more about Damages:  Compensatory or Expectation Damages, Example, Quantification of Personal Injury Claims, Various Matters, Statutory Damages, Nominal Damages, Punitive Damages (non-compensatory), Contemptuous Damages, Aggravated Damages, Restitutionary or Disgorgement Damages, Legal Costs, History

Famous quotes containing the word damages:

    According to the law of nature it is only fair that no one should become richer through damages and injuries suffered by another.
    Marcus Tullius Cicero (106–43 B.C.)