- liquidated amount
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n. To set by agreement a specific amount or a formula for calculating such an amount, in compensation for the losses resulting from a breach.
Webster's New World Law Dictionary. Susan Ellis Wild. 2000.
liquidated amount
Look at other dictionaries:
liquidated amount — precise amount, specific price, exact total … English contemporary dictionary
liquidated damages — see damage 2 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. liquidated damages … Law dictionary
Liquidated damages — (also referred to as liquidated and ascertained damages) are damages whose amount the parties designate during the formation of a contract for the injured party to collect as compensation upon a specific breach (e.g., late performance).When… … Wikipedia
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liquidated claim — USA A claim for a fixed amount of money. Such amount is either previously agreed to by the parties or can be precisely determined by mathematical calculation, reference to the parties agreement or by operation of law. Practical Law Dictionary.… … Law dictionary
liquidated — A debt that is for a known number of dollars is liquidated. An unliquidated debt is one where the debtor has liability, but the exact monetary measure of that liability is unknown. Tort claims are usually unliquidated until a trial fixes the… … Glossary of Bankruptcy
liquidated claim — a creditor s claim for a fixed amount of money (Glossary of Common Bankruptcy Terms) United Glossary of Bankruptcy Terms 2012 … Glossary of Bankruptcy
liquidated — Ascertained; determined; fixed; settled; made clear or manifest. Cleared away; paid; discharged. Adjusted, certain, or settled. Murchison v. Levy Plumbing Co., Tex.Civ.App., 73 S.W.2d 967, 968. Declared by the parties as to amount, U. S. v.… … Black's law dictionary
liquidated — Ascertained; determined; fixed; settled; made clear or manifest. Cleared away; paid; discharged. Adjusted, certain, or settled. Murchison v. Levy Plumbing Co., Tex.Civ.App., 73 S.W.2d 967, 968. Declared by the parties as to amount, U. S. v.… … Black's law dictionary
Liquidated — Liquidate Liq ui*date (l[i^]k w[i^]*d[=a]t), v. t. [imp. & p. p. {Liquidated} ( d[=a] t[e^]d); p. pr. & vb. n. {Liquidating}.] [LL. liquidatus, p. p. of liquidare to liquidate, fr. L. liquidus liquid, clear. See {Liquid}.] 1. (Law) To determine… … The Collaborative International Dictionary of English
