Definitions for "COMPENSATORY DAMAGES"
Money awarded to reimburse actual costs, such as medical bills and lost wages. Also awarded for things that are harder to measure, such as pain and suffering.
These are damages to pay for actual injury or economic loss, and does not include damages for malicious or grossly negligent behavior.
Money paid that compensates the injured party for the actual dollar value loss incurred in connection with the injury sustained. Examples of compensatory damages include payment of medical and wage-loss expenses. Compare with general damages and punitive damages.
Keywords:  decisis, stare, mediation
mediation stare decisis
A form of benefit paid by a property and casualty company on behalf of an insured for alleged negligent acts or omissions.