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Exemplary damages
Exemplary damages Monetary damages that go beyond the actual compensatory damages. They are awarded to punish a wrongdoer for fraudulent, malicious and wrongful conduct.
RELATED TERMS--------------------------------------
Damages
The indemnity recoverable by a person who has sustained an injury, either in his-her person, property, or relative rights, through the act or default of another.
SIMILAR TERMS--------------------------------------
PREVIOUS AND NEXT TERMS--------------------------------------
Executed contract
An agreement that has been fully performed.
Execution
The signing and delivery of an instrument. Also, a legal order directing an official to enforce a judgment against the property of a debtor.
Executor
A person named in a will to administer an estate. The court will appoint an administrator if no executor is named.
Executory contract
A contract under which something remains to be done by one or more of the parties.
Executrix
A female person appointed by a testator to carry out the directions and requests in his or her last will and testament, and to dispose of his or her property according to the provisions of the will.
Exemplary damages
Exhaust fan
Ventilating devices that remove water vapor, undesired smells or smoke.
Existing liabilities
Expenses taken into account by a mortgage lender when assessing an applicant’s ability to repay the loan.
Exit strategy
Strategy available to investors when they desire to liquidate all or part of their investment
Expansion option
Right granted by the landlord which provides the option of adding more space to the premises.
Expense stop
Fixed amount in a lease that serves as a limit on the amount for which the tenant is responsible, in the event expenses exceed a pre-stated amount.
This dictionary contains 6433 terms. |
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