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Simple English definitions for legal terms

damnum emergens

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A quick definition of damnum emergens:

Term: DAMNUM EMERGENS

Definition: Damnum emergens is a Latin term that means "damage arising." It refers to an actual loss that has been realized, such as a decrease in the value of property, as opposed to an expected future loss, such as loss of profit. For example, if someone's car is damaged in an accident, the cost of repairing the car would be considered damnum emergens. This is different from lucrum cessans, which refers to the loss of potential profit that could have been earned if the damage had not occurred. Damnum emergens can be immediate or consequential, and it must result in a pecuniary loss in order for legal action to be taken.

A more thorough explanation:

Damnum emergens is a Latin term that means "damage arising." It refers to an actual loss that has already occurred, as opposed to a potential future loss.

For example, if someone's car is damaged in an accident, the cost of repairing the car is an example of damnum emergens. This is because the loss has already happened, and the person has to pay for the repairs.

Another example of damnum emergens is if a person's property decreases in value due to a natural disaster. The decrease in value is an actual loss that has already occurred.

It's important to note that damnum emergens is different from lucrum cessans, which refers to a loss of potential profits. For example, if a business has to close for a day due to a power outage, the potential profits lost during that day would be an example of lucrum cessans.

damnum absque injuria | damnum et interesse

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I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
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Dkk
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Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
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19:18
Exactly. My version of that awful poem.
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I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
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president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
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Bill Clinton, first and last black president
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CynicalOops
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