Ex gratia

Updated: Aug 20, 2021

‘As a matter of favour.’ Often used for payments made where, though not legally bound, the payer feels some moral obligation.

Reference: The Penguin Business Dictionary, 3rd edt.

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James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.