7 - Damages 2026

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6 Terms

1
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Actual or Compensatory damages

Adequate compensation for pecuniary loss suffered

2
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Exemplary or Corrective Damages

Over and above actual or compensatory damages as deterrence or punishment

3
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Temperate or Moderate Damages

More than nominal but less than compensatory damages

4
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Nominal damages

Trifling sum awarded to the plaintiff in an action where there is no substantial loss or injury

5
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Moral damages

Includes physical suffering, mental anguish, fright, serious anxiety, besmirched reputation, social humiliation, and similar injury

6
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Liquidated damages

Those agreed by the parties to a contract, to be paid in case of breach thereof