"quantum meruit" means "as much as he has earned" in Latin. In legal terms, quantum meruit refers to a legal action where a party is awarded payment for the fair value of services or goods provided, when no specific contract exists between the parties. This type of damages is typically awarded when one party has benefitted from the services or goods of another party, but no agreement was made regarding payment. The court will determine the reasonable value of the services or goods provided and award damages accordingly.
