lost profits
Unrealized business income
Lost profits are the money a business would have earned but didn't, due to someone else's harmful action.
The concept appears in contract disputes, personal injury cases, and intellectual property litigation, where plaintiffs seek compensation for income they can demonstrate they would have received: The jury awarded $2.3 million in lost profits.
Calculating lost profits requires projecting what would have happened absent the wrongdoing—often contentious territory involving expert witnesses and competing assumptions.
- damagesCompensation for injury
- revenueBusiness income total
- compensationPayment for services rendered
- lawsuitCivil court proceeding
- breachBreaking of agreement
breach of contract · contract · earnings · income · future earnings · bottom line · liability · negligence · plaintiff · defendant · settlement · claim · remedy · recovery · calculation · mitigation · foreseeability · consequential
- lawsuit damagesmedical bills, property damage, funeral expenses, repair costs, replacement costs
- contract remediesrescission, remedy, punitive damages, money damages, restitution
- damagescompensatory, punitive, punitive damages, nominal, actual
- IP lawsuitsinfringement, trademark disputes, copyright claims, injunctions, cease and desist
- legal remediesinjunctions, injunction, damages, restitution, restraining order
- patent lawpatent disputes, patent infringement, patent holders, patent rights, prior art
lost profitsrevenue growth
Increase in business income
financial gains · surplus · windfall profits · net income · windfall
lost profitsout-of-pocket costs
Expenses you pay yourself
direct costs · out-of-pocket expenses · expenditures · sunk costs
lost, lose, loser, losers, loses, losing, loss, losses, profit