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What (who) is mitigation of damages - definition

LEGAL TERM FOR COMPENSATION AWARDED FOR LOSS OR INJURY

Money damages; Compensatory damages; Legal damages; General damages; Special damages; Nominal Damages; Monetary damages; Economic damages; Wenegeld; Nominal damages; Monetary relief; Actual damages; Pain, suffering and loss of amenity; Loss of companionship; Special damage; Civil damages; Physical and emotional damages; Measure of damages; Nominal damage; Contemptuous damages; Damages (law); $1 award

mitigation of damages

IN LAW, THE PRINCIPLE THAT A PARTY WHO SUFFERS LOSS MUST TAKE ACTION TO MINIMIZE THE AMOUNT OF LOSS

Mitigation (legal); Duty to mitigate; Mitigation of damages; Mitigation of loss; Mitigate damages

n. the requirement that someone injured by another's negligence or breach of contract must take reasonable steps to reduce the damages, injury or cost, and to prevent them from getting worse. Thus, a person claiming to have been injured by another motorist should seek medical help and not let the problem worsen. If a tenant moves out before a lease has expired, a landlord must make reasonable attempts to re-let the property and take in some rents (which are credited against the amount remainder of the lease) to mitigate his/her loss.

Mitigation (law)

IN LAW, THE PRINCIPLE THAT A PARTY WHO SUFFERS LOSS MUST TAKE ACTION TO MINIMIZE THE AMOUNT OF LOSS

Mitigation (legal); Duty to mitigate; Mitigation of damages; Mitigation of loss; Mitigate damages

Mitigation in law is the principle that a party who has suffered loss (from a tort or breach of contract) has to take reasonable action to minimize the amount of the loss suffered. As stated by the Canadian Federal Court of Appeal in Redpath Industries Ltd.

https://en.wikipedia.org/wiki/Mitigation_(law)

punitive damages

DAMAGES ASSESSED IN ORDER TO PUNISH THE DEFENDANT FOR OUTRAGEOUS CONDUCT

Punitive damage; Exemplary damages; Punitive Damages; Punitive compensation; Vindicative damages

¦ plural noun Law damages exceeding simple compensation and awarded to punish the defendant.

Wikipedia

Damages

At common law, damages are a remedy in the form of a monetary award to be paid to a claimant as compensation for loss or injury. To warrant the award, the claimant must show that a breach of duty has caused foreseeable loss. To be recognised at law, the loss must involve damage to property, or mental or physical injury; pure economic loss is rarely recognised for the award of damages.

Compensatory damages are further categorized into special damages, which are economic losses such as loss of earnings, property damage and medical expenses, and general damages, which are non-economic damages such as pain and suffering and emotional distress. Rather than being compensatory, at common law damages may instead be nominal, contemptuous or exemplary.

https://en.wikipedia.org/wiki/Damages