lucrum cessans

noun lu·crum ces·sans \ˈlükrəmˈseˌsanz\

Definition of lucrum cessans

  1. 1 or lucrum interceptum \-ˌintə(r)ˈseptəm\ Roman & canon law :  the interest or damages awarded for loss of reasonably expected profits or for loss of use of property

  2. 2 Scottish law :  damages for loss of expected gain or profits as distinguished from an actual loss

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Origin and Etymology of lucrum cessans

lucrum cessans from Medieval Latin, ceasing profit; lucrum interceptum from New Latin, intercepted profit


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