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
See also: damage, disadvantage, disservice, drawback, expense, handicap, harm, hindrance, impairment, injury, mischief, prejudice, sacrifice
References in periodicals archive ?
[U.S.A.], May 23 ( ANI ): The question of the century - Can weekend sleep make up for the detriments of sleep deprivation during the week?
"Such possible detriments already exist, and the risk of such incidents should be seen in the context of the regulatory regime, which is intended to prevent accidents and protect against terrorist attack.
Broadly, the ACCC may grant authorisation when it is satisfied that the public benefit from the conduct outweighs any public detriment.
Pc Griffin complained that he suffered 'detriment, bullying and victimisation' by West Midlands Police for making the claims about the woman's death, and for other allegations that staff shortages were putting his colleagues' lives at risk.
While the ACCC considers that the Code is likely to lead to some anticompetitive detriment, this will be limited by the following factors:
Once the refund is made, the taxpayer will not have an opportunity to have it reapplied to the liability to avoid the possible economic detriment due to the interest rate differential.
Broadly, the ACCC may grant an authorisation when it is satisfied that the public benefit from the conduct outweighs any public detriment.
The benefits of efficiencies in supply chain risk management and of compliance with legal obligations to workers are likely to outweigh the detriments.
The milk supply arrangements will have limited detriments because Lion can source milk from other suppliers and DFMC farm members can still supply to third party processors or directly to Lion.
Competitive detriments are likely to be small due to the significant presence of betting exchanges and corporate bookmakers in Australia and overseas, who compete with RWWA and Sportingbet for customers and drive pricing in relation to fixed odds wagering.
Competitive detriments are likely to be small due to the significant presence of betting exchanges and corporate bookmakers in Australia and overseas, who compete with ACTTAB and Tabcorp for customers and drive pricing in relation to fixed odds wagering.
The ACCC considers that the alliance is likely to result in detriments through its effect on competition in regions where Qantas and Emirates currently offer competing air passenger and cargo transport services.