What is the definition of Lost profits? | Dictionary.net

LOST PROFITS

\lˈɒst pɹˈɒfɪts], \lˈɒst pɹˈɒfɪts], \l_ˈɒ_s_t p_ɹ_ˈɒ_f_ɪ_t_s]\

Definitions of LOST PROFITS

1910 - Black's Law Dictionary (2nd edition)

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Estimated damages method to compensate a seller for lost profits caused by buyer's breach of contract.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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