1) in general a fair and reasonable amount of money to be paid for work performed
or to make one "whole" after loss due to damages. 2) the full value to be paid for
property taken by the government for public purposes guaranteed by the Fifth Amendment
to the U. S. Constitution, which states "…nor shall private property be taken for
public use without just compensation. " If the amount offered by the governmental
agency taking the property is not considered sufficient, the property owner may
demand a trial to determine just compensation.
See also condemnation eminent domain inverse condemnation make one whole quantum
meruit
law dictionary, legal
dictionary, online law dictionary, legal terms dictionary,
online legal dictionary, legal definition, legal
terms and definition, Best online Dictionary, Law
Dictionary Software, Download Law Dictionary, law
dictionary, legal dictionary, online law dictionary,
legal terms dictionary, online legal dictionary,
legal definition, legal terms and definition, Best
online Dictionary, Law Dictionary Software, Download
Law Dictionary