out of pocket loss

The difference between the value of what the buyer paid and the market value of what was received in return.

• In breach-of-contract cases, out-of-pocket loss is used to measure restitution damages. [Cases: Fraud 59(3).]

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词条贡献者

法律翻译Gwen，毕业于新加坡知名法学院，专注翻译各类与劳工、雇佣及移民有关的法律文件。