Florida Final Judgement — Damages is a legal process where a court awards monetary compensation to a party that has been harmed by another’s actions. It is used when a party has been wrongfully injured, either physically or financially, and seeks to recover the losses they have endured. There are three main types of damages: Compensatory, Punitive, and Nominal. Compensatory damages are awarded for actual losses suffered, such as medical bills, lost wages, and property damage. Punitive damages are awarded to punish the wrongdoer and deter them from committing similar acts in the future. Nominal damages are awarded when a legal right has been violated, but no actual loss has been suffered.