Law Dictionary

benefit of the bargain

  1. :  the advantage that would be or have been gained under a contract if completed as agreed; specifically :  the difference between the actual value of property and the value of property as it is represented in case of misrepresentation —called also benefit of one's bargain, loss of bargain — compare out-of-pocket rule


Seen and Heard

What made you want to look up benefit of the bargain? Please tell us where you read or heard it (including the quote, if possible).

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!