Monetary Damages in United States
Monetary Damages
Monetary damages are the ordinarily presumed remedy in the common law. They seek to compensate the injury of the plaintiff via a determination of the cash equivalent of the loss to the defendant, the interest thereon, and the pain and suffering suffered by the defendant. They must be distinguished from real restitution.
The usual meaning is ”pertaining to coinage , but it has been held to include personal property.
In re Kipp’s Will, 37 N.Y.S.2d 541, 543
See damages, monetary
Monetary Damages (Damages)
This section introduces, discusses and describes the basics of monetary damages. Then, cross references and a brief overview about Damages is provided. Finally, the subject of Remedies in relation with monetary damages is examined. Note that a list of cross references, bibliography and other resources appears at the end of this entry.
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