{"iri":"https://folio.openlegalstandard.org/R8A4jLWkG2KpI6wfAznsSCx","label":"Remittitur","sub_class_of":["https://folio.openlegalstandard.org/RDbz1PVc6y57oOb9jAIl0eN"],"parent_class_of":[],"is_defined_by":null,"see_also":["https://folio.openlegalstandard.org/R7x6g9iAXmUiJlXphvLtQcO"],"comment":null,"deprecated":false,"preferred_label":null,"alternative_labels":["Court-Ordered Damages Decrease","Decreased Damages Award","Judicial Reduction In Damages"],"translations":{},"hidden_label":null,"definition":"Remittitur refers to a court's power to reduce the amount of damages awarded by a jury if the judge finds the award excessive. This practice is used to prevent the need for a new trial by offering the plaintiff the option to accept a lower amount.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}