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LSDefine

Simple English definitions for legal terms

interest as damages

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A quick definition of interest as damages:

Interest as damages refers to the amount of money that a person may be awarded as compensation for the loss of use of their money. This means that if someone owes you money and they don't pay you back, you may be entitled to receive interest on that money as part of your compensation. Interest is the extra money that you earn when you put your money in a bank account or invest it somewhere. So, if someone owes you money and they don't pay you back, you can ask the court to award you interest as part of your compensation for the loss of use of your money.

A more thorough explanation:

Definition: Interest as damages refers to the amount of money awarded to a party as compensation for the loss of use of their money or property. It is a form of compensation for the time value of money.

For example, if a person is owed money and the debtor fails to pay on time, the creditor may be awarded interest as damages for the delay in payment. This compensates the creditor for the loss of use of their money during the time it was not paid.

Another example is in a personal injury case where the plaintiff may be awarded interest as damages for the time it took to receive compensation for their injuries. This compensates the plaintiff for the delay in receiving the compensation they were entitled to.

Overall, interest as damages is a way to compensate a party for the loss of use of their money or property due to the actions or inactions of another party.

interest arbitration | interest-based quorum

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11:55
hello all
hello info man
@m10: go see her it's worth the risk
11:55
hey wasp
babycat
11:56
hi information man
m10
11:56
Thanks wasp, I will.
11:56
hey babycat
m10
11:56
@babycat: What I am referencing earlier with the balls comment. https://youtu.be/qjRBAhWPT7g?si=MxPwIM12dco_Ad2M&t=3325
BulbasaurNoLikeCardio
11:56
Not worth the risk. Get a girl sick and she will remind you forever. Tell her whats up but do not share germs
m10
11:56
was*
JumpySubsequentDolphin
11:57
wear a mask
JumpySubsequentDolphin
11:57
go back to Covid days
m10
11:58
Nah nah she would not like that. She is conservative.
BulbasaurNoLikeCardio
11:58
Tell her you just got over a cold and if she wants to try and steal your germs its on her but no one likes being sick so hopefully she is chill
m10
11:59
We will see. This is enough feedback. Thank you all.
12:00
tell her you wanna test and see if your immune systems are compatible, that gets the ladies going
m10
12:00
Lol, maybe
babycat
12:00
lmao when you give the republican baddie the ick by masking up
12:01
LOL
Dkk
12:02
Just part of the culture.
BulbasaurNoLikeCardio
12:04
I wish that wearing a mask when sick stuck around as an okay thing like it is in the rest of the world, not all of us have enough sick days to be ditching work.
Dkk
12:04
Unless its like an N95 i dont think it will really do anything
12:04
there's even a mask ban in some places. altho one of my coworkers wears a mask anyway despite customers being rude to her about it
12:05
good morning
12:05
why does umiami ask "Are you applying, or have you applied, to other law schools? If so, please list them."
BulbasaurNoLikeCardio
12:05
One manager came in sick wearing a mask, got roasted and stopped wearing it that day. The entire office has been cycling sickness for two weeks now. It may not be super effective but it may help in slowing the spread during meetings when we have to be so close
12:05
am i the only one who has never gotten my status checker to work on here?
BulbasaurNoLikeCardio
12:06
@ChowieBean: want to see what schools they share an applicant pool with, think it is all data harvesting stuff no a +/- for the applicant
12:06
ok good cuz idk whether i wanna tell them or not
12:06
thanks bulbasaur
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