lost profits damages:
(1852)

1. Contracts. A measure of damages that allows a seller to collect the profits that would have been made on the sale if the buyer had not breached.  UCC § 2-708(2). — aka lost profits. [1]

1. In contract actions, the profit which the nondefaulting promisee expected to make from the breached contract, or the profit which he expected to make from the collateral transactions based upon the promised performance.  In tort action, the expected gains from transactions which the injured party expected to complete had it not been for the tort.  22 Am J2d Damg § 171. [2]

References:

Disclaimer: All material throughout this website is pertinent to people everywhere, and is being utilized in accordance with Fair Use.

[1]: Black’s Law Dictionary Deluxe Tenth Edition by Henry Campbell Black, Editor in Chief Bryan A. Garner. ISBN: 978-0-314-61300-4

[2]: Ballantine’s Law Dictionary with Pronunciations
Third Edition by James A. Ballantine (James Arthur 1871-1949).  Edited by William S. Anderson.  © 1969 by THE LAWYER’S CO-OPERATIVE PUBLISHING COMPANY.  Library of Congress Catalog Card No. 68-30931

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Disclaimer: Wild Willpower does not condone the actions of Maximilian Robespierre, however the above quote is excellent!