Monetary damages, in
civil lawCivil law, as opposed to criminal law, is the branch of law dealing with disputes between individuals and/or organizations, in which compensation may be awarded to the victim...
, refers to
compensationIn law, damages are money claimed by, or ordered to be paid to, a person as compensation for loss or injury Black's Law Dictionary.- Compensatory damages :...
given to an injured party by a liable party. Monetary damages may be
restitutionThe law of restitution is the law of gains-based recovery. It is to be contrasted with the law of compensation, which is the law of loss-based recovery. Obligations to make restitution and obligations to pay compensation are each a type of legal response to events in the real world. When a court...
, a penalty, or both.
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Monetary damages, in
civil lawCivil law, as opposed to criminal law, is the branch of law dealing with disputes between individuals and/or organizations, in which compensation may be awarded to the victim...
, refers to
compensationIn law, damages are money claimed by, or ordered to be paid to, a person as compensation for loss or injury Black's Law Dictionary.- Compensatory damages :...
given to an injured party by a liable party. Monetary damages may be
restitutionThe law of restitution is the law of gains-based recovery. It is to be contrasted with the law of compensation, which is the law of loss-based recovery. Obligations to make restitution and obligations to pay compensation are each a type of legal response to events in the real world. When a court...
, a penalty, or both.