Loss Of Bargain Definition and Legal Meaning

On this page, you'll find the legal definition and meaning of Loss Of Bargain, written in plain English, along with examples of how it is used.

What is Loss Of Bargain?

(n) Loss of Bargain is the loss resulted out of the inability to do an act consequential to a non performance of duties or contract by another person or entity. Eg.. Failure to deliver a product due to the non-supply of raw materials by the sub-contractor.