Words / E / Law

equitable compensation

noun

C1CEFR level
75/100Rarity: rare
TechnicalRegister

A monetary remedy for breach of an equitable duty, assessed by equity's own principles rather than common law rules of damages.

For the trustee's breach we're seeking equitable compensation to restore the fund to what it should have been.

Similar: equitable damages

Topic: Tort in Legal English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More law words: Tort