liquidated damages

US /ˈlɪk.wɪ.deɪ.tɪd ˈdæm.ɪ.dʒɪz/
UK /ˈlɪk.wɪ.deɪ.tɪd ˈdæm.ɪ.dʒɪz/
"liquidated damages" picture
1.

заранее оцененные убытки, неустойка

a sum of money agreed upon by the parties at the time of their mutual assent to a contract as a genuine pre-estimate of the probable damages that would be suffered in the event of a breach

:
The contract included a clause for liquidated damages in case of late delivery.
Контракт включал пункт о заранее оцененных убытках в случае просрочки поставки.
The court upheld the liquidated damages clause as a reasonable estimate.
Суд поддержал пункт о заранее оцененных убытках как разумную оценку.