Final answer:
Reparations are payments made by a guilty party to compensate for the damages caused by their actions.
Step-by-step explanation:
Payments of damages incurred by a guilty party are formally known as
Reparations. Reparations are payments made by a guilty party to compensate for the damages caused by their actions. This term is commonly used in legal contexts, such as in cases of civil lawsuits or restitution after a crime. Reparations can involve monetary compensation, property or asset transfers, or other forms of restitution.
Example:
If someone causes a car accident due to their negligence and is found guilty, they may have to pay reparations to cover the medical expenses of the injured party as well as the repairs to their vehicle.
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