equitable damages

Equitable damages refer to financial compensation awarded by a court to address a situation where legal remedies, like traditional monetary damages, are insufficient. Instead of just providing money for losses, equitable damages aim to achieve fairness and prevent unjust enrichment. For example, if someone's actions unfairly benefit them at another's expense, a court may order them to pay an amount that reflects this unfair advantage. Essentially, equitable damages focus on fairness and restoring balance rather than just compensating for loss in a strict financial sense.