economic damage

Monetary loss inflicted

Economic damage refers to financial harm or loss measurable in monetary terms—lost wages, property destruction, medical expenses, business interruption.

The phrase appears frequently in legal and insurance contexts, where economic damages are distinguished from non-economic damages like pain and suffering.

The hurricane caused billions in economic damage to coastal communities.

Related

devastation · collapse · going under · ruin · downturn · crisis · hardship · belt tightening · unemployment · foreclosure · housing crisis · job losses · debt · inflation · depression · setback · toll · fallout

Categories
Opposites
economic impact valence

economic damageeconomic growth

Sustained output increase

economic prosperity · economic boom · economic recovery · economic stimulus · wealth creation

economic state

economic damageeconomic stability

Sustained healthy financial conditions

financial health · market stability · fiscal health · solvency

Family

economic, damage, economy, economics, economist, economical, economically, economize, damages

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Abstract · Negative · Everyday, not technical · Rated G