Risk glossary

 

Liquidated damage clause

This clause allows a counterparty that is owed power to charge the defaulting counterparty for the price of having to buy elsewhere. The higher the price, the higher the charge when a company defaults on its supply obligations.

  • LinkedIn  
  • Save this article
  • Print this page  

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: