Damages

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Damages - (noun)

Definition

If a person or organisation causes harm to another person or organisation, a court of law may order them to pay damages to the person or organisation who has been harmed. This is an amount of money designed to compensate the affected party.

Extra

Source: Adapted from Cambridge English Dictionary
Example of Use: The employee was awarded damages as the court found that the employer had acted in a malicious and oppressive manner.