Words / E / Law

expectation interest

noun

C2CEFR level
85/100Rarity: very rare
TechnicalRegister

The measure of damages that puts the innocent party where it would have been had the contract been performed.

The expectation interest captures the profit they'd have earned, not merely what they spent.

Similar: expectation damages, loss of bargain

Topic: Contracts 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: Contracts