Plaintiff's Claim

Nominal Damages
Nominal damages are a trivial sum awarded as recognition that a legal injury has been sustained, even if slight. They are often awarded in breach of contract or intentional tort cases to vindicate the plaintiff's claim where no recoverable loss can be established.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.