The common term is "damages" or money damages".
Compensation for a loss or injury; recompense; reparation.
Compensation for a loss or injury; recompense; reparation.
arrange for compensation in the event of damage to or loss of (property), or injury to or the death of (someone), in exchange for regular advance payments to a company or government agency:
you may mean Compensation which is to give an award (payment )to make up for loss or injury
Compensation means Money given or received as payment or reparation for a service, loss or personal injury. Personal Injury claims consist of personal injury, serious injury, professional negligence and military injury. There are plenty more of claim types that come under these terms which include - Rad Traffic Accidents, Occupational Illness, Accidents at work, Product Liability and Occupiers Liability. My source for this information comes a legal glossary from: http://www.harrisfowler.co.uk/
Yes, Workman's Compensation provides disability payments for loss of wages due to a workplace injury.
Restitution is compensation for loss, damages or injury. The amount being equal to the loss, damage or injury. Punitive Damages go beyond compensation. They are "punishment" for the wrong doing. They are also used to deter the wrong doer from doing it again in the future. The amount is not limited.
restitution
An indemnity is compensation given to a party to compensate for loss or injury or another contingent liability. This is often done as protection against legal action from the party suffering the loss.
Compensation for whiplash injury will cover your medical expenses, travel expenses for medical treatment, loss of work compensation and sometimes a pain and suffering settlement. The best place to find out exactly how much would be any personal injury attorney in your local area.
The "Liability" section of an insurance policy is typically responsible for providing compensation for injury or damage to property. This section outlines the coverage and limits for which the insurance company will be liable in case of a covered loss.
The word compensatory means, to make amends especially for loss or injury, to serve as a compensation. or to counterbalance the effect of an undesirable influence.