Examlex
The loss on bond redemption is the difference between the cash paid and the carrying value of the bonds.
Compensation
Payment or reward given for services rendered or harm suffered.
Tort Action
A legal proceeding arising from a wrongful act, leading to civil liability, rather than stemming from a contract dispute or criminal case.
Compensation
Payment or reward given for services rendered or damages incurred.
Tortfeasor
A person or party that has committed a tort, which is a wrongful act leading to legal liability.
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