Financial damages refer to monetary compensation awarded to a party in a legal dispute to cover losses incurred due to another party's actions or negligence. These damages can include direct losses, such as lost wages or medical expenses, as well as indirect losses, such as loss of future earnings or business opportunities. The goal is to restore the injured party to their financial position prior to the harm. Financial damages can be categorized into compensatory and punitive damages, depending on the nature of the case.
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