Damages, Unliquidated

Whereas liquidated damages represent damages which have been quantified in advance, unliquidated damages may be awarded by a court when no specified sum has been determined between the parties and incorporated into a contract.

« Back to Glossary Index

Discover the world’s largest Glossary of Procurement terms

With over 800 Procurement specific terms (and growing) you will find everything you need to know or thought you knew about the Procurement function. Our aim is to provide you with a comprehensive list collated from the Comprara Groups hub of training and consulting source materials.The Procurement Glossary has been compiled by industry expert Paul Rogers.