Damages

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5 Terms

1
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actual compensatory damages

monetary awards to compensate for losses that are directly and tangibly caused by another's wrongful actions, with the goal of making the injured party whole again

  1. economic damages/Pecuniary damages/special damages

  2. non economic/general/non pecuniary

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Pecuniary damages/special damages/ economic damage

help the plaintiff recover economic losses with specific quantifiable receipts

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Non-pecuniary damages/non-economic/general damages

damages for emotional damages like pain and suffering - subjective losses

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Punitive damages/ extra compensatory/ exemplary damages

Damages that were awarded to the plaintiff due to the defendant's conduct serve as an example for others not to commit the same acts.

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what standard must be proven for puntive damages to be awarded

·      Willful, wanton, and reckless or

 ·      Malice, evil motive, and actual intent