Liquidated Damages in German, French, Spanish & Italian

What does Liquidated Damages mean?

A predetermined amount of money that must be paid as damages if one party breaches a contract.

Liquidated Damages in a sentence

The construction contract included a liquidated damages clause, specifying a daily fee for every day the project was delayed.

German

Pauschalierter Schadensersatz

also Vertragsstrafe

Ein im Voraus festgelegter Schadensersatzbetrag bei Vertragsverletzung.

French

Dommages-intérêts forfaitaires

also Clause pénale

Montant fixé à l'avance en cas d'inexécution d'une obligation contractuelle.

Spanish

Daños y perjuicios liquidados

also Cláusula penal

Suma fijada de antemano como indemnización por incumplimiento de contrato.

Italian

Danni liquidati

also Penale

Somma pattuita preventivamente come risarcimento in caso di inadempimento.