Speculative Damages Definition and Legal Meaning

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

What is Speculative Damages?

(n) Speculative damages are the claims made by plaintiff for compensating the contingent loss which may occur in future as a consequences of the wrong doing by the defended. For example when a property is not transferred as per the contract, the calculation of future appreciation in its values and loss with respect to that appreciated value is a claim of speculative damages