Simple definition
An obligation in some circumstances to take reasonable steps to reduce avoidable loss.
An obligation in some circumstances to take reasonable steps to reduce avoidable loss.
A contract may use “duty to mitigate” when describing an obligation in some circumstances to take reasonable steps to reduce avoidable loss.
An obligation in some circumstances to take reasonable steps to reduce avoidable loss.
This term commonly appears in remedies or limitation-of-liability sections describing the types or amounts of loss that may be claimed.
The wording can affect the financial consequences of breach and may interact with exclusions, caps, or pre-agreed remedies. Review the exact language rather than relying on the label alone.
An obligation in some circumstances to take reasonable steps to reduce avoidable loss.
This term commonly appears in remedies or limitation-of-liability sections describing the types or amounts of loss that may be claimed.
No. ClauseInsight provides concise informational explanations. The legal effect of a term depends on the complete document, facts, and applicable law.