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Từ vựng:

stipulated damages

Giải nghĩa:

/stɪpjəˌleɪtɪd ˈdæmɪdʒɪz/ – Phrase


Definition: Số tiền bồi thường đã quy định.

A more thorough explanation: amount which the parties to a contract agree is to be paid if there is a breach of contract (= failure to perform a contractual obligation)

Example: The greater the difficulty of estimating damages, the more likely the stipulated damages will appear reasonable.