DETRIMENT

DETRIMENT

detriment.

1. Any loss or harm suffered by a person or property.

2. Contracts. The relinquishment of some legal right that a promisee would have otherwise been entitled to exercise.

— Also termed legal detriment. Cf. BENEFIT(2).

“A promise or an act may be a detriment although on balance the promisor is making a good bargain. Thus a promise to pay £10,000 for a Rolls Royce worth £12,000, is none the less a detriment, and a good consideration for a promise to deliver the car.” P.S. Atiyah, An Introduction to the Law of Contract 101 (3d ed. 1981).

detriment to a promisee. Contracts. Consideration offered by a promisee to a promisor, esp. in a unilateral contract. [Cases: Contracts 52. C.J.S. Contracts § 90.]


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