Damages ring (4)
I believe the answer is:
toll
This clue is a double definition.
'damages' is the first definition.
(thesaurus)
'ring' is the second definition.
(a bell tolls)
(Other definitions for toll that I've seen before include "Loss, damage; ring (bell)" , "Be inclined" , "Ring bell slowly as for funeral" , "Tax - strike - ring" , "Payment for passage - ring bell!" .)