out of pocket rule

out-of-pocket rule. The principle that a defrauded buyer may recover from the seller as damages the difference between the amount paid for the property and the actual value received. Cf. BENEFIT-OF-THE-BARGAIN RULE(2). [Cases: Fraud 59(3).]

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词条贡献者

法律翻译Jian，毕业于新加坡知名法学院，专注翻译各类与证券诉讼有关的法律文件。