reliance interest
C2CEFR level
90/100Rarity: very rare
TechnicalRegister
The measure of damages that restores a claimant to the position they were in before relying on the defendant, compensating wasted expenditure.
Since the profits were too speculative, we claimed the reliance interest, the money he'd sunk into the aborted venture.
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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