Restitution vs. Compensation
I don't know what's different between Restitution and Compensation. I find this explanation from a website, but it's kind of difficult for me to understand. Can someone please explain it in a simple way for me? Thank you~
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The difference between restitution and compensation lies in the manner in which the monetary award is calculated. With restitution, the award is calculated based on how much the defendant gained from the violation. With compensation, the amount is calculated based on how much the victim lost, financially speaking.
In some cases, the judge will give the victim a choice between restitution and compensation. For example, a restitution award may result in a higher payoff to the plaintiff than would compensation. The plaintiff may then be allowed to choose the higher award amount.