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.
- financial lossNegative monetary outcome
- lost revenueIncome not captured
- bottom lineEssential point or conclusion
- recessionProlonged economic decline
- bankruptcyLegal status when insolvent
devastation · collapse · going under · ruin · downturn · crisis · hardship · belt tightening · unemployment · foreclosure · housing crisis · job losses · debt · inflation · depression · setback · toll · fallout
- wildfire aftermathdebris, embers, rubble, scorched earth, smoldering
- Vietnam WarVietnam War, Vietnam, Tet Offensive, My Lai Massacre, Viet Cong
- oil spillsoil spill, oil spills, oil slick, tar balls, oil boom
economic damageeconomic growth
Sustained output increase
economic prosperity · economic boom · economic recovery · economic stimulus · wealth creation
economic damageeconomic stability
Sustained healthy financial conditions
financial health · market stability · fiscal health · solvency
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