diminution in value method

diminution-in-value method. A way of calculating damages for breach of contract based on a reduction in market value that is caused by the breach. [Cases: Damages 123. C.J.S. Damages § 112.]

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词条贡献者

双语律师Max，国际知名法学院法律专业，擅长翻译各类与航空航天、国防及政府服务相关的法律文件。