remedy
Definition
A remedy is what a court orders to fix a legal wrong done to someone. Think of it as the solution a judge provides after deciding you won your case, which could be money paid to you, someone being ordered to stop doing something harmful, or a contract being cancelled entirely.
Example
If a supplier breaks your contract and causes you to lose $10,000 in sales, the court might order them to pay you that $10,000 as your remedy.
Watch Out
Some contracts actually limit what remedies you can seek if something goes wrong, so always read those clauses carefully before you sign.
See which terms appear in your contract?
This definition is for informational purposes only and does not constitute legal advice. Please consult with a licensed attorney for legal guidance.