detriment

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Detriment

Any loss or harm to a person or property; relinquishment of a legal right, benefit, or something of value.

Detriment is most frequently applied to contract formation, since it is an essential element of consideration, which is a prerequisite of a legally enforceable contract. To incur detriment means to cement a promise by either refraining from doing something that one has a legal right to do or by doing something that one is not under any legal obligation to do.

detriment

noun adulteration, adversity, affliction, aggravation, atrophy, bane, bedevilment, blemish, blow, collapse, contamination, corrosion, corruption, cost, crippling, damage, damnum, decadence, decay, deformation, degeneration, demolishment, deprivation, destruction, detraction, detrimentum, dilapidation, disablement, disadvantage, disintegration, disorder, disturbance, erosion, evil, forfeit, forfeiture, handicap, harm, hurt, impairment, impotence, inadequacy, incommodum, inconvenience, ineffectualness, inefficiency, inexpedience, inexpediency, injuriousness, insufficiency, laming, liability, loss, misfortune, obstacle, poisoning, pollution, prejudice, privation, ruin, ruination, undesirability, undoing, unprofitability, weakness
Associated concepts: legal detriment

References in periodicals archive ?

We have secured the Smith Commission's principle of no detriment for the next five years - and we have ensured there can be no detriment forced on Scotland in the future.

Treasury have had to accept they can't mess with Scotland

Baroness Verma also asserted to peers: "We considered the risk of detriments arising from an accident or terrorist incident.

Complacency with nuclear decision; Views of Wales

At the moment it appears we sustain the city to the detriment of our own interests.

Capital gains at our expense; Views of the North

for the Russian base in Armenia, we are confident that the Armenian party will not let using of this base to the detriment of our interests",

Georgia's Defence Minister hopes that Armenia will not let using of Russian military base to the detriment of Tbilisi's interests

In a wider sense, it describes the right of state organs which permits the alteration of a decision to the detriment of the receiver.

Theoretical and practical issues of the prohibition of reformatio in Peius in Hungary

Indeed, the media has been full of such tales of people in this and other countries who have made serious financial gains to the complete detriment of others.

THOUGHT for the DAY

The GLBT community has ignored the religious impulses of our nation for way too long, perhaps to our own detriment.

Throwing stones

This is said to enable parts to be molded cleaner, with reduced surface microporosity, a source of friction and a detriment to release, according to the company.

Lubricant reduces friction coefficient

Experts predict that it will vanish by 2020, to the lethal detriment of the many people who need its water to survive.

The Devil and the Disappearing Sea

In its latest position paper on Article 82 (concerning abuse of a dominant market position) AmCham EU calls on the EU to adopt a more consumer-oriented approach and to allow "unilateral conduct" if it does not cause consumer detriment.

AMERICAN CHAMBER OF COMMERCE CLAIMS ANTI-TRUST RULES DISCOURAGE COMPETITION

For Sri Lanka to assume an active role in the international community, Fernando feels English has to be widely used and understood: not to the detriment of other languages, but alongside them.

Those who can, teach

CFOs are starting to recognize the immense detriment the "structural complexity factor" is to their ability to execute superbly and support profitable growth.