Search Results for: expectation damages

expectation damages

Compensation awarded for the loss of what a person reasonably anticipated from a transaction that was not completed. — Also termed expectancy damages; lost-expectation damages; damages for lost expectations. [Cases: Damages 23. C.J.S. Damages §§ 28–33.]

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expectation interest

glossary / expectation interest

The interest of a nonbreaching party in being put in the position that would have resulted if the contract had been performed. See expectation damages under DAMAGES; BENEFIT-OF-THE-BARGAIN RULE. [Cases: Damages 117; Fraud 59(2).]

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