Behind every great lawyer is an even greater paralegal who knows where everything is.

✨ Enjoy an ad-free experience with LSD+

Legal Definitions - lucrum cessans

LSDefine

The life of the law has not been logic; it has been experience.

✨ Enjoy an ad-free experience with LSD+

Definition of lucrum cessans

Lucrum cessans is a legal term that means "ceasing gain." It refers to damages that are awarded to compensate for a loss of anticipated profit in addition to an actual loss that has been realized. For example, if a business owner had a contract to sell 100 products for $10 each, but due to a breach of contract by the buyer, only 50 products were sold, the business owner may be entitled to damages for the lost profit on the remaining 50 products. This lost profit is known as lucrum cessans.

If the law is on your side, pound the law. If the facts are on your side, pound the facts. If neither the law nor the facts are on your side, pound the table.

✨ Enjoy an ad-free experience with LSD+

Simple Definition

Lucrum cessans is a legal term that means "ceasing gain." It refers to damages that are awarded to compensate for a loss of anticipated profit in addition to an actual loss that has been realized. This term is also known as lucrum interceptum. It is often used in legal cases to determine the amount of compensation that should be awarded to a plaintiff who has suffered a loss due to the actions of another party.

lucrum | lucrum interceptum Read a random term: ballot box

A 'reasonable person' is a legal fiction I'm pretty sure I've never met.

✨ Enjoy an ad-free experience with LSD+

Study hard, for the well is deep, and our brains are shallow.

✨ Enjoy an ad-free experience with LSD+