{"iri":"https://folio.openlegalstandard.org/RBA52cjyeFhnjSJD6qnT1DM","label":"Liquidated Damages","sub_class_of":["https://folio.openlegalstandard.org/RouKBMqFNMZxi21EPh6JJ6"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":null,"alternative_labels":[],"translations":{"pt-br":"Cláusula penal","es-es":"Daños y perjuicios liquidados","es-mx":"Daños y perjuicios liquidados","fr-fr":"Dommages et intérêts liquidés","en-gb":"Liquidated Damages","de-de":"Vertragsstrafen","he-il":"פיצויים מקובלים","hi-in":"लिक्विडेटेड डैमेज़","zh-cn":"违约金","ja-jp":"違約金"},"hidden_label":null,"definition":"A predetermined amount of damages agreed upon by parties in a contract, to be paid in the event of a breach of the contract, intended to compensate the non-breaching party for losses that are difficult to quantify.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}