Meaning of “treble damages” in the English Dictionary

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"treble damages" in Business English

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treble damagesnoun [ plural ]

uk us LAW

a law that allows a court to increase the amount of damages (= money paid for causing harm) that one person or organization must pay to another:

The company had to pay treble damages for purposely hiding mistaken payments from the government.

(Definition of “treble damages” from the Cambridge Business English Dictionary © Cambridge University Press)