- benefit of the bargain
benefit of the bargain: the advantage that would be or have been gained under a contract if completed as agreed; specif: the difference between the actual value of property and the value of property as it is represented in case of misrepresentation – called also benefit of one's bargain, loss of bargain; compare out-of-pocket rule
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
- benefit of the bargain
n.A rule that allows a defrauded purchaser to recover the difference between the real and represented values of the item purchased.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
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