Lost Profit Damages

What is Lost Profit Damages?

An estimate of the total sum of profits that were lost by the non-breaching party to a contract that has been breached. It is the computation of benefits that would have been made by the non-breaching party if the contract had not been breached.

Further Reading

For more detailed information, see our related Contracts terms:

• Benefit of the Bargain Damages
• Specific Performance
• Mutual Assent
• Warranty for a Particular Purpose
• Unjust Enrichment

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Stephanie Bagnall

Licensed Attorney and Legal Researcher

Stephanie Bagnall is a Georgia-licensed attorney and legal researcher with experience in accessibility law, compliance, employment law, and legal writing. She helps develop and review BarPrepHero's Legal Terms content for clarity, accuracy, and usefulness to bar exam students.

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