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what is a "monetary award" in Spanish?

what is a "monetary award" in Spanish?

1
vote

for example:

The parties renounce any claim to a "monetary award" as adjustment of the equities...

1599 views
updated Dec 6, 2011
posted by danny_machado

2 Answers

1
vote
updated Dec 6, 2011
edited by 0074b507
posted by 0074b507
0
votes

Compensación monetaria = monetary compensation

updated Dec 6, 2011
posted by chileno
Not sure if legally award and compensation are the same thing. Compensation must prove damages/loss to compensate for. - 0074b507, Dec 6, 2011
I agree with Q. A monetary award may be granted as compensation, but a monetary award is not necessarily a compensation. - Gekkosan, Dec 6, 2011
Great, thanks - danny_machado, Dec 6, 2011