Loss of bargain rule

{
  "id": "MLC-T-LAW-003098",
  "term": "Loss of bargain rule",
  "field": "Law",
  "definition": "A principle in contract law that measures damages for breach of contract by placing the injured party in the position they would have occupied had the contract been fully performed. This rule aims to compensate the non-breaching party for the expected profits or benefits they would have received. It is a common measure for damages in commercial contract disputes.",
  "url": "https://mlchart.com/terminology/law/loss-of-bargain-rule/"
}