lucrum cessans

noun

lu·​crum ces·​sans

ˈlükrəmˈseˌsanz

1

or lucrum interceptum

-ˌintə(r)ˈseptəm

Roman & canon law : the interest or damages awarded for loss of reasonably expected profits or for loss of use of property

2

Scottish law : damages for loss of expected gain or profits as distinguished from an actual loss

Word History

Etymology

lucrum cessans from Medieval Latin, ceasing profit; lucrum interceptum from New Latin, intercepted profit

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