- stipulated damage
- - liquidated damage (q.v.)
Black's law dictionary. HENRY CAMPBELL BLACK, M. A.. 1990.
stipulated damage
Look at other dictionaries:
damage — dam·age 1 n [Old French, from dam injury, harm, from Latin damnum financial loss, fine] 1: loss or harm resulting from injury to person, property, or reputation 2 pl: the money awarded to a party in a civil suit as reparation for the loss or… … Law dictionary
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insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… … Black's law dictionary
insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… … Black's law dictionary
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