HONGKONGDIR

HOMECompaniesDictionaryFAQs

Home » Dictionary » Lending&Credit » actual damages (and special damages)

Actual Damages (and Special Damages)

Definition
Actual damages are legally determined costs for repairing something wrongfully harmed or destroyed. Special damages include indirect effects of the property destruction, such as lessened income to a business in a damaged building.

Nearby Terms
Similar companies
Copyright © 2013 hongkongdir.com All Rights Reserved.
Provides public information about companies in the Hong Kong.