consequential damages Meaning in the Cambridge English Dictionary
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Meaning of “consequential damages” in the English Dictionary

"consequential damages" in Business English

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consequential damagesnoun [plural]

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LAW, INSURANCE money that a ​lawcourtorders a ​person or ​company to ​pay to someone else for problems or ​losses that ​happen as a ​result of a mistake or ​illegalaction that they were originally ​responsible for: Consequential ​damages are a ​type of ​compensation for ​losses that are caused ​indirectly by a particular ​event, for ​example the ​loss of future ​earnings suffered by the victim of a ​traffic accident.
(Definition of consequential damages from the Cambridge Business English Dictionary © Cambridge University Press)
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