Reward – this term literally means “a given sum of money”. In context of Law, it refers to financial compensation awarded by a court or governmental/state authority to a person – usually as a result of their actions. Reward is not given for free or without a legal reason. For example, students who reach extraordinary results during their education may receive reward by the university, because it collects glory in the public.

In the Tort Law, reward is the amount, awarded by the court towards the injured, with the role to compensate them for the wrongful action, from which the claimant has suffered damages. For example, if a person breaks your leg, you can sue them for compensation. This compensation is the reward which the court decided that the wrongdoer should pay to you.

Synonyms of reward are “retribution”, “remuneration” and “remedy”.