DAMNUM ET INTERESSE

damnum  et interesse (dam-n<<schwa>>m et in-t<<schwa>>r-es-ee). [Latin] Scots law.  The

loss and damage sustained.

“Damnum  et  interesse.  —  The  loss  and  interest;  or,  as  the  words  may  also  be  translated,

damage, and its issues or consequences. The words are used by Erskine in treating of the liability

of  cautioners  who  become  bound  to  see  a  specific  act  performed.  Failing  performance,  the

cautioners  are  liable  to  the  creditors  for  the  damnum  et  interesse  —  that  is,  the  actual  and

consequential damage suffered through non-performance on the part of the debtor.” John Trayner,

Trayner’s Latin Maxims 134 (4th ed. 1894). [Blacks Law 8th]