expectation interest

Definition of "expectation interest"
  1. Expectation interest refers to the right a person has when another party breaks a contract, where they hope to be placed in a position as though the agreement had been fulfilled properly
How to use "expectation interest" in a sentence
  1. The investor claimed an expectation interest after the breach of contract, arguing that they should be compensated for the lost profits they would have made had the agreement been honored.
  2. When the contract was not performed as agreed, the plaintiff sought to protect their expectation interest and recover the goods they were promised in the deal.
  3. In the case of contract violation, an expectation interest puts the aggrieved party in a financial position identical to the one they would have been in if the contract had been performed as per the agreement.

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