LD meaning in Governmental ?

Answer:

What is Liquidated Damages mean?

Liquidated damages, also referred to as "liquidated and ascertained damages" (LADs), are damages whose amount the parties designate during the formation of a contract for the injured party to collect as compensation upon a specific breach (e.g. late performance). This is most applicable where the damages are intangible, such as a failure by the contractor on a public project to fulfill minority business subcontracting quotas.

An average of the likely costs which may be incurred in dealing with a breach may be used. Authority for the proposition that averaging is the appropriate approach may be taken from the case of English Hop Growers v Dering, 2 KB 174, CA (1928).

When damages are not predetermined/assessed in advance, then the amount recoverable is said to be "at large" (to be agreed or determined by a court or tribunal in the event of breach).

The purpose of a liquidated damages clause is to increase certainty and avoid the legal costs of determining actual damages later if the contract is breached. Thus, they are most appropriate when (a) the parties can agree in advance on reasonable compensation for breach, but (b) the court would have a difficult time determining fair compensation at the time of breach. Under the common law, liquidated damages may not be set so high that they are penalty clauses rather than fair compensation.

reference

Full Form	Category
Lord	Academic & Science
Landscape Design	Academic & Science
Liquid Depth	Academic & Science
Leased Departments	Business
Legal Department	Business
Lucid Dreams	Business
Louis Dreyfus National Gas Corporation	Business
Late Delivery	Business
Labor Demanded	Business
Lethal Dose	Chemistry
Lady Di	Community
Leadership Donor	Community
Learning Disabilities	Community
Learning Differently	Community
Learns Differently	Community
Learning Dis	Community
Learning Disability	Community
Learning Disabled	Community
Learning Differences	Community
Long Distance	Computer and Networking
List Directory	Computer Assembly Language
List Designs	Computer Assembly Language
Laser Disc	Computer Hardware
Logical Disk	Computing
Link editor or loader	Computing
List Delimiter	Computing
Local Device	Computing
Linux Dedicated	Computing
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Low Delay	Electronics
Long Distance Codes File (telix)	File Type
Long Drive	General
Loop Doodle	General
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Leader Drain	General
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Last Data	General
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Liisachan Den	General
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LD definition	General
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Lightning Density	General
Linz and Donawitz	General
Linked Data	General
Light Dosage	General
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Loose Deuce	General
Large Differences	General
Load Divergance	General
Lincoln Douglas	General
Local Detectors	General
Liberal Democrat	Governmental
Legislative Director	Governmental
Liquidated Damages	Governmental
London Drugs	Governmental
Link Death	Governmental
Licensed Driver	Governmental
Labor Demand	Governmental
Legislative District	Governmental
Legislative Decree	Governmental
Liberal Democrats	Governmental
Lamborghini Diablo	Governmental
LONDA JN	Indian Railway Station
Ladies Quota	Indian Railways
Lakshadweep	Indian Union Territory
Labor Doula	Jobs
Lippy Drywaller	Jobs
Lighting Designer	Jobs
Licensed Dietitian	Jobs
Lyme Disease	Medical
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Legionnaires' disease	Medical
Logarithm Digitalis	Medical
L-dopa	Medical
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lipodystrophy	Medical
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Loading Dose	Medical
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Letahal Dose	Medical
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Line of Departure	Military and Defence
Loaded Deployability	Military and Defence
Leavenworth Directorate	Military and Defence
Light Duty	Military and Defence
Leadership Developer	Military and Defence
Limited Deployment	Networking
Lab Dollars	Regional
Labour Department	Regional
Lateral Direction	Space Science
Launch Director	Space Science
Loading Dock	Space Science
Londa Junction	Transport & Travel