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Speculative Damages Law & Legal Definition

Related to Speculative Damages

Speculative damages are those expenses or losses claimed by a plaintiff in a lawsuit which are speculative, highly improbable, or contingent on the occurence of a future event. Speculative damages should not be awarded, and the judge should so instruct the jury.

Speculative damages are only prohibited when the existence of the damages is uncertain, rather than the amount.






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