bn:01372089n
Noun Concept
Categories: Judicial remedies, Contract law, Facilities engineering
EN
liquidated damages  Stipulated Penalty  liquidated damages clause  Paccioco v Australia and New Zealand Banking Group Limited  stipulated damages
EN
Liquidated damages, also referred to as liquidated and ascertained damages, are damages whose amount the parties designate during the formation of a contract for the injured party to collect as compensation upon a specific breach. Wikipedia
Definitions
Sources
EN
Liquidated damages, also referred to as liquidated and ascertained damages, are damages whose amount the parties designate during the formation of a contract for the injured party to collect as compensation upon a specific breach. Wikipedia
Damages which are liquidated/assessed and fixed at the date of the contract Wikidata